Soybean Price Analysis Expected Scenario Soybean price continues its decline, achieving the first target at 1164.00$. Further decline expected towards 1131.40$ as the next main target. The EMA50 supports the bearish wave within the bearish channel on the chart. Holding below 1193.10$ is crucial for the continuation of the expected decline. The expected trading range for today is between 1140.00$ support and 1180.00$ resistance.
Trend Forecast Bearish