Technical Analysis #C-SOYB : 2015-11-26

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 26, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Is upward correction to continue? The soy prices dipped to fresh low of 6.5 years on Monday and are edging up now amid the drought in India. Will the prices continue to correct upwards? The soy prices fell to the multiyear lows after the opposition leader Mauricio Macri won the presidential elections in Argentina. Previously, he promised to cut considerably the export duties and to devaluate the national currency to support the local farmers. Due to this, markets expect the 30% increased supply

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