Wheat price settles below 520.30, to keep the negative pressure valid for today, supported by stochastic negativity, waiting to motivate the price to provide more decline to head towards 503.70 that represents our first main target, reminding you that is important to hold below 520.30 to continue the expected decline.
The expected trading range for today is between 500.00 support and 525.00 resistance.
The expected trend for today: Bearish