Soybean Price Analysis Bullish Scenario Soybean price settles at the key support 1193.10$ and still above it until now. Accompanied by witnessing clear positive signals through stochastic. Waiting to motivate the price to resume the correctional bullish trend. Positive Targets Reminding you that our next target is located at 1231.20$.
Negative Scenario Breaking 1193.10$ will stop the suggested positive scenario and push the price to decline again.
Trading Range The expected trading range for today is between 1185.00$ support and 1220.00$ resistance.
Trend forecast: Bullish