Price Analysis: Soybean Expected Scenario Soybean price provided additional negative trades yesterday to move away from 1193.10$ level, reinforcing the expectations of continuing the bearish trend in the upcoming sessions, opening the way to target 1150.00$ followed by 1131.40$ levels that represent our next main targets. Therefore, we are waiting for more expected decline in the upcoming period, noting that breaching 1193.10$ followed by 1202.00$ levels will stop the bearish trend and lead the price to turn to rise. Expected Trading Range Between 1150.00$ support and 1190.00$ resistance.

Trend Forecast: Bearish