Soybean price didn’t show any strong move in the previous sessions, to continue fluctuating around 1290.00, thus, no change to our bearish overview that targets 1225.90 as a next main station, noting that breaching 1318.80 will stop the expected decline and lead the price to turn to rise.
The expected trading range for today is between 1265.00 support and 1310.00 resistance.
The expected trend for today: Bearish