Soybean price didn’t show any strong move yesterday, to fluctuate around the EMA50, thus, no change to the expected bearish trend scenario for the upcoming period, which depends on the price stability below 1420.00 as a first condition, reminding you that our next target is located at 1375.00.
The expected trading range for today is between 1375.00 support and 1415.00 resistance.
The expected trend for today: Bearish