Soybean price rebounds bearishly after testing 1198.70 level in the previous sessions, waiting to get positive motive to push the price to breach this level and open the way to rally towards 1221.50 that represents our next main target, to keep our bullish overview for today unless breaking 1175.00 and holding below it.
The expected trading range for today is between 1180.00 support and 1215.00 resistance.
The expected trend for today: Bullish