Soybean Price Analysis Expected Scenarios Soybean price shows more bullish bias to settle above 1200.00$ barrier, reinforcing the expectations of continuing the correctional bullish trend, which its next target located at 1231.20$. The EMA50 supports the continuation of the suggested bullish wave, affected by the previously completed double bottom pattern, reminding you that holding above 1193.10$ represents major condition to the continuation of the expected rise. Trading Range for Today Support: 1190.00$ Resistance: 1230.00$ Trend forecast: Bullish