Soybean, Friday forecast, July 26

Soybean, Friday forecast, July 26
The downtrend may be expected to continue, while pair is trading below resistance level 902.50, which will be followed by reaching support level 894.50.
An uptrend will start as soon, as the pair rises above resistance level 902.50, which will be followed by moving up to resistance level 909.50.

Soybean weekly forecast, July 22 – 26
The pair is trading along an sideways trend between support 904 and resistance 933.
Local may be expected to continue, while pair is trading above support level 902, which will be followed by reaching resistance level 933 and if it keeps on moving up above that level, we may expect the pair to reach resistance level 960.
An downtrend will start as soon, as the pair drops below support level 904, which will be followed by moving down to support level 877 and then 854.

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