zooeysparks

Bearish Fundamental for Soybeans

Short
OANDA:SOYBNUSD   CFDs on Soybeans
Long-term fundamental is bearish . US has big soybeans stocks, export is falling. Harvest in Brazil and potentially big crop in South America adds bearish sentiment. Weekly chart shows rejection of VAH, price moves down inside balance, so I'm waiting the continuation of price falling.

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