Soybean Price Analysis Expected Scenario Soybean price breached the intraday bearish channels resistance line and settled above it, heading towards achieving expected gains on the intraday basis, targeting testing 1193.10$ mainly. The bullish bias will be suggested for today unless breaking 1163.00$ and holding below it, noting that breaching the targeted level will lead the price to achieve bullish correction that its next target extends to 1231.20$ areas. Expected Trading Range Between the support at 1165.00$ and the resistance at 1200.00$

Trend Forecast: Bullish