Soybean price tested 1039.60 level and bounced downwards clearly from there, which keeps the bearish trend scenario valid and active for the upcoming period, waiting to visit 1000.00 followed by 993.40 levels mainly
Breaking 1015.00 will ease the mission of achieving the suggested negative targets, reminding you that the continuation of the bearish wave conditions holding below 1039.60.
The expected trading range for today is between 993.00 support and 1040.00 resistance.
The expected trend for today: Bearish