Trade of the week: Time to go short soybeans?

  Рет қаралды 129

IG UK

IG UK

Ай бұрын

Even though soybean prices have been rising quickly over the past few days they are approaching a key resistance area where they might falter before resuming their longer-term down trend. We would thus like to go short soybeans with a stop loss above the key resistance zone at 1,328 and a downside target at 1,150.
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