Soybean price didn’t show any strong move in the previous sessions, to keep its stability below 1370.50, which keeps the negative pressure valid for the upcoming period, which depends on the price stability below the mentioned level, supported by the EMA50, reminding you that our main waited target is located at 1318.80.
The expected trading range for today is between 1330.00 support and 1380.00 resistance.
The expected trend for today: Bearish