Midday update for Wheat price 01-10-2020

Economies.com
2020-10-01 09:04AM UTC

Wheat price provided slight negative trades to test 557.00 and keeps its stability below it, which keeps our bullish overview valid for today, and the price needs to get enough positive momentum to push trades towards 590.50 followed by 603.40 levels that represent our next main targets, reminding you that breaking 577.00 will stop the suggested rise and press on the price to decline towards 557.30 mainly.

 

The expected trading range for today is between 570.00 support and 600.00 resistance.

The expected trend for today: Bullish

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