Soybean Price Analysis Expected Scenario Soybean price traded positively on last Friday, testing the intraday bearish channels resistance. The EMA50 meets this resistance, adding more strength to it, accompanied by stochastic loss of positive momentum. Therefore, these factors encourage us to continue suggesting the bearish trend for the upcoming period, with the next target reaching 1131.40$. It's important to note the significance of holding below 1193.10$ to maintain the expected negative scenario. Expected Trading Range Between the support at 1135.00$ and the resistance at 1170.00$

Trend Forecast: Bearish