Soybean Price Analysis Expected Scenario Soybean price continues to fluctuate around the 1193.10$ level and maintains stability below it until now, keeping our bearish overview valid and active. The main targets for the bearish scenario are 1164.00$ followed by 1131.40$ areas. Stochastic indicators losing positive momentum further support the expectations for decline. Breaking above 1193.10$ and holding above it would invalidate the negative scenario and indicate a potential bullish correction on the intraday basis. Expected Outcome Soybean price continues to show stability below the 1193.10$ level, maintaining the bearish outlook with targets at 1164.00$ and 1131.40$ areas. Stochastic indicators losing positive momentum further support the expectations for decline. Breaking above 1193.10$ and holding above it would invalidate the bearish scenario and could lead to a bullish correction on the intraday basis.

Expected Trading Range Between 1165.00$ support and 1205.00$ resistance.

Trend Forecast: Bearish