Soybean Price Analysis Expected Scenario Soybean price returned to decline after the temporary rise and that it witnessed in the previous sessions, to head towards resuming the expected bearish trend on the intraday and short-term basis, which targets 1150.00$ followed by 1131.40$ levels as next main stations. The EMA50 keeps supporting the suggested bearish wave, which will remain valid unless the price rallied to breach 1193.10$ and hold above it. Expected Trading Range Between 1140.00$ support and 1175.00$ resistance.

Trend Forecast: Bearish