Soy recently reversed down from the resistance area lying between the key resistance level 917.00 (which also reversed the price in June), lower trendline of the daily up channel from September and the upper daily Bollinger Band.
The downward reversal from this resistance area stopped the earlier short-term correction 2.
Soy is expected to fall further and retest the next support level 870.00 (low of the previous impulse wave 1).
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
This website uses cookies
