Soybean price within tight track – Analysis - 11-05-2021
Economies.com
2021-05-11 00:14AM UTC
Soybean price did not show any strong move yesterday, to continue fluctuating around 1550.00 level, thus, no change to the bullish trend scenario that depends on the price stability above 1527.20, supported by the EMA50, reminding you that our next main target extends to 1600.00.
The expected trading range for today is between 1540.00 support and 1565.00 resistance.
The expected trend for today: Bullish
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