Midday update for Wheat price 17-02-2021

Economies.com
2021-02-17 10:45AM UTC

Wheat price bounced downwards clearly after testing 662.50 level, to reinforce the chances of targeting the sideways range’s support line at 629.40 in the upcoming sessions, to keep the price confined inside the sideways range that its lines represented by the mentioned levels until breaching one of them to detect the next trend clearly.

 

The expected trading range for today is between 650.00 support and 665.00 resistance.

The expected trend for today: Sideways

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