Soybean price begins the attempts to breach 1189.50 level now, waiting to confirm the breach to open the way to head towards 1206.50 that represents our next main target, noting that the EMA50 supports the suggested rise, which will remain valid unless breaking 1160.00 level and holding below it.
The expected trading range for today is between 1175.00 support and 1200.00 resistance.
The expected trend for today: Bullish