Soybean Price Analysis Expected Scenario Soybean price fluctuates around the EMA50, noticing that stochastic begins to overlap negatively now, waiting to motivate the price to resume the expected bearish trend for the upcoming period, which its targets begin at 1193.10$ and extend to 1165.00$ after breaking the previous level.

Holding below 1231.20$ is important to the continuation of the expected decline, as breaching it will push the price to recover and target 1262.10$ areas initially.

Expected Trading Range The expected trading range for today is between 1185.00$ support and 1220.00$ resistance.

Trend Forecast: Bearish