Soybean price opened today’s trading with clear positivity to approach our first waited target at 905.50, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, noting that breaching the mentioned level will push the price to 926.50 as a next station.
The bullish channel organizes the expected bullish trend, which will remain valid conditioned by the price stability above 888.50 and 882.00 levels.
The expected trading range for today is between 895.00 support and 905.50 resistance.
The expected trend for today: Bullish