Midday update for Wheat price 06-04-2020
Economies.com
2020-04-06 10:51AM UTC
Wheat price shows more rise to reach 557.30 level, which urges caution from the upcoming trading, as the price needs to consolidate below this level to keep the bearish trend scenario valid for the upcoming period, supported by stochastic move inside the overbought areas, waiting to resume the negative trading that its main targets begin by testing 536.80.
The expected trading range for today is between 535.00 support and 557.00 resistance.
The expected trend for today: Overall Bearish
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