Tuesday forecast, July 16
The pair is trading along an downtrend with target on 911, 904 and downtrend may be expected to continue, while pair is trading below resistance level 920.
An uptrend will start as soon, as the pair rises above resistance level 920, which will be followed by moving up to resistance level 933.
Soybean weekly forecast, July 15 – 19
The pair is trading along an uptrend with target on 943 and if it keeps on moving up above that level, we may expect the pair to reach resistance level 985.
An downtrend can start from resistance 943, which will be followed by moving down to support level 894.
Forecast based on “Strategist” trading system
Trading signals based on forecast