Soybean Price Analysis Expected Scenario Soybean price continues to decline, gradually approaching the first awaited negative target at 1164.00$. Moving within a bearish channel that supports the chances of continuing the bearish wave to achieve additional negative targets. Expected Outcome Suggesting a bearish trend for the upcoming period, supported by the EMA50.
Expected Trading Range Between 1150.00$ support and 1185.00$ resistance.
Trend Forecast: Bearish