Soybean Price Analysis Positive Trades Test Bearish Channel's Resistance Soybean price provided clear positive trades to test the intraday bearish channels resistance line, with the EMA50 meeting this resistance and adding strength to it.

Expected Scenarios Chances are valid to resume the main bearish trend, with the next target located at 1131.40$. It's important to hold below 1193.10$ to achieve the waited targets. Trading Range The expected trading range for today is between support at 1155.00$ and resistance at 1195.00$.

Trend forecast: Bearish