Soybean Price Analysis Expected Scenario Soybean price shows more bearish bias to achieve our first negative target at 1150.00$, and we expect the continuation of the decline to surpass this level and reach 1131.40$ as a next main target. Therefore, we will continue to suggest the bearish trend for the upcoming period, noting that breaching 1169.00$ will stop the current negative pressure and push the price to achieve intraday gains that reach 1193.10$ before turning back to decline again. Expected Trading Range Between 1135.00$ support and 1165.00$ resistance.

Trend Forecast: Bearish