Midday update for Wheat price 22-09-2021
Economies.com
2021-09-22 09:24AM UTC
Wheat price tests 696.80 level now, and stochastic continues to provide the negative signals, to keep our bearish overview that depends on the price stability below the mentioned level, supported by the EMA50 that presses negatively on the price, reminding you that our next target is located at 676.60, while achieving it requires holding below 696.80 and 704.50 levels.
The expected trading range for today is between 680.00 support and 700.00 resistance.
The expected trend for today: Bearish
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