Soybean Price Analysis Expected Scenario Soybean price shows more bearish bias to keep approaching our first target at 1150.00$, to keep the bearish trend scenario valid and active, reminding you that breaking this level will push the price towards 1131.40$ as a next target. The EMA50 keeps supporting the suggested bearish wave, which will remain valid conditioned by the price stability below 1193.10$ and the most important below 1202.00$. Expected Trading Range Between 1140.00$ support and 1180.00$ resistance.

Trend Forecast: Bearish