Soybean price fluctuates within sideways trading since morning, near 1039.60 level, waiting to get strong positive motive that assists to push the price to breach the mentioned level and open the way to extend the bullish wave on the short term and medium term basis, as our next target reaches 1070.00, to continue suggesting the bullish trend for the upcoming period unless breaking 1023.00 level and holding below it.
The expected trading range for today is between 1020.00 support and 1050.00 resistance.
The expected trend for today: Bullish