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Soybean prices are starting today with noticeable negativity, signaling the potential for further decline in the coming sessions. The next key target is the recently recorded low at 960.30$.
As a result, the bearish bias remains the expectation for today. However, if the price manages to break above 1004.00$, it could reverse the current negative momentum and initiate a recovery.
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The expected trading range for today is between 975.00$ support and 1000.00$ resistance.
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Trend Forecast: Bearish
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