Soybean price breaks the support – Forecast today - 03-04-2024

Economies.com
2024-04-03 02:34AM UTC

Soybean Price Update

Soybean Analysis

  • Soybean price ended yesterday with clear negativity.
  • It broke the 1193.10$ level and settled below it.
  • This stops the recently suggested bullish trend.
  • The price is heading towards resuming the main bearish trend.
  • Targets start at 1164.00$ and extend to 1131.40$.

Expected Trading Range for Today

  • Between 1150.00$ support and 1193.00$ resistance.

Trend Forecast: Bearish

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