Soybean Price Analysis Expected Scenario Soybean price succeeded to achieve our first target at 1193.10$ and surpassed it to settle below it, starting today with clear additional decline to reinforce the expectations of continuing the domination of the bearish trend to achieve additional negative targets that start at 1150.00$ and extend to 1131.40$. Therefore, we will continue to suggest the bearish trend for the upcoming period unless breaching 1193.10$ followed by 1202.00$ levels and holding above them. Expected Trading Range Between 1155.00$ support and 1195.00$ resistance.

Trend Forecast: Bearish