Midday update for Wheat price 16-09-2021
Economies.com
2021-09-16 09:31AM UTC
Wheat price retested the breached resistance of the bearish channel and keeps its stability above it until now, accompanied by stochastic approach to the oversold areas, waiting to motivate the price to resume the bullish trend that depends on the price stability above 711.00, while its next main target is located at 741.90.
The expected trading range for today is between 705.00 support and 725.00 resistance.
The expected trend for today: Bullish
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