Soy neutral

Soybeans are finishing the correction

15 october 2021 145
Elena_Baklanova
Elena_Baklanova

Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
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The correction of soybeans, which followed a one-year-long growth from April 2020 to May 2021, is finishing. The price is gradually going down to the key Fibonacci level of 61.8%. After that, it’s likely that Soybeans’ growth will resume at least up to the level of 1 230, but possibly even to 1 330.

Elena_Baklanova
Elena_Baklanova

Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
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