Soybean price fluctuates with slight positivity to move above the bearish trend line, but as long as the price is below 1318.80, the bearish trend scenario will remain valid and active on the intraday and short term basis, motivated by stochastic negativity, waiting to head towards 1225.90 that represents our next main target.
The expected trading range for today is between 1265.00 support and 1300.00 resistance.
The expected trend for today: Bearish