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Today, soybean prices have surged, crossing the $1028.80 threshold and settling above it, signaling a positive intraday outlook. Market analysts project that prices may aim for a key target of $1071.20 in the upcoming sessions. A bullish sentiment is expected today; however, if prices fail to maintain above $1028.80, the potential for a decline increases.
The anticipated trading range for today is set between a support level of $1020.00 and a resistance level of $1050.00.
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