Wheat price succeeded to surpass the bullish channel’s resistance to confirm opening the way to head towards our next waited target at 768.50, to keep the bullish trend dominant in the upcoming sessions, which gets good support by the EMA50, noting that holding above 756.00 represents initial condition to continue the expected rise.
The expected trading range for today is between 745.00 support and 765.00 resistance.
The expected trend for today: Bullish