Soybeans running out of momentum below March highs at 1459/60 this week as we become overbought. Below 1437 is more negative for today and targets 1426/25. If we continue lower look for 1417/16 then good support at 1410 which should hold the downside. Longs need stops below 1405.
Above 1438 is more positive but we run in to February highs at 1443/45 then last week's high at 1450/51. If we manage a breakhigher it is unlikely we can beat March highs at 1459/60 at this stage.