Soybean Price Analysis Expected Scenario Soybean price managed to break the neckline of the double top pattern and hold below it, to get negative motive that supports the expectations of continuing the domination of the bearish trend in the upcoming period, waiting to surpass 1193.10$ level to open the way to head towards 1150.00$. Holding below 1205.00$ represents initial condition to the continuation of the expected decline, as breaching it might push the price to attempt to recover and head to test the key resistance 1231.20$ before any new attempt to decline. Expected Trading Range Between 1170.00$ support and 1215.00$ resistance.

Trend Forecast: Bearish