Soybean price rallied upwards strongly in the previous sessions to reach 1415.00 level, reinforcing the expectations of continuing the bullish trend, which its next target located at 1433.70.
The EMA50 continues to support the suggested bullish wave, which will remain valid conditioned by the price stability above 1370.00.
The expected trading range for today is between 1380.00 support and 1430.00 resistance.
The expected trend for today: Bullish