Soybean Price Analysis Expected Scenario Soybean price is testing the 1231.20$ level again and remains below it until now. There are signs of forming a double top pattern, which we expect to support the expectations of a decline in the upcoming sessions, targeting mainly the 1193.10$ areas. Therefore, the bearish trend scenario will remain valid and active on the intraday basis unless there is a breach of 1231.20$ and holding above it. Expected Trading Range Between the support at 1200.00$ and the resistance at 1245.00$.

Trend Forecast: Bearish