Midday update for Wheat price 16-09-2020

Economies.com
2020-09-16 09:33AM UTC

Wheat price settles below 536.80 level, to fall under expected negative pressure in the upcoming sessions, paving the way to visit 520.20 level as a next main target.

 

Therefore, we will keep our bearish overview for the rest of the day unless breaching 536.80 level and holding with a daily close above it.

 

The expected trading range for today is between 525.00 support and 540.00 resistance.

The expected trend for today: Bearish

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