InvestingScope
Short

Soybeans: Sell opportunity towards the 0.5 Fibonacci.

OANDA:SOYBNUSD   CFDs on Soybeans
The price reversed the previous bullish sentiment on 1D and is currently neutral ( RSI = 48.853, ADX = 28.377, Highs/Lows = 0.0000). The next long term direction should come after a lower test of (at least) the 0.500 Fibonacci retracement level. With 4H already on Lower Highs (Highs/Lows = -0.0750, B/BP = -1.5520) we have a TP = 8.637.








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