After a 6-month correction, the uptrend resumes with strength and it will retest the 28.8 level again. We are long and we expect a break out on this level as inflation is driving commodity prices higher. Moreover, soybean harvests are expected to be smaller in southern Brazil this season as fields suffer from dryness, which could drive the prices up as well.
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.