Soybean price shows new attempts to breach 1198.70 level but it faces solid resistance there, waiting to get strong positive motive that assists to achieve the required breach to confirm the continuation of the main bullish trend, which its next target rises to 1221.50.
Therefore, we will continue to suggest the bullish trend for the upcoming period conditioned by the price stability above 1175.00.
The expected trading range for today is between 1180.00 support and 1215.00 resistance.
The expected trend for today: Bullish