Midday update for Wheat price 22-02-2021

Wheat price shows negative trades now on its way to head towards the support areas that start at 644.20 followed by 629.40, to keep the price within the sideways range that appears on the chart, which its resistance line located at 662.50, reminding you that breaching this resistance will lead the price to resume the main bullish trend that its next target located at 692.00, while breaking 629.40 represents negative factor that will press on the price to achieve more decline that reaches 614.60.

The expected trading range for today is between 645.00 support and 665.00 resistance.

The expected trend for today: Sideways