Midday update for Wheat price 12-05-2021
Economies.com
2021-05-12 09:16AM UTC
Wheat price is affected by stochastic negativity, to show some slight bearish bias now, and as long as the price is above 726.80, our bullish overview will remain valid and active for the upcoming period, supported by the EMA50, reminding you that our next target is located at 758.00.
The expected trading range for today is between 720.00 support and 770.00 resistance.
The expected trend for today: Bullish
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