Wheat price attempts positively – Forecast today - 10-05-2024
Economies.com
2024-05-10 03:57AM UTC
Wheat Price Analysis
Expected Scenario
The wheat price showed clear positive movements yesterday, testing the 650.00$ barrier. Today, it continues to rise, influenced by stochastic positivity, indicating the continuation of the expected bullish trend on the intraday and short-term basis.
The next main targets for the bullish trend are set at 660.00$ and 675.50$ levels.
Expected Trading Range for Today
Between the support at 635.00$ and the resistance at 655.00$
Trend Forecast: Bullish
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