Wheat price achieves intraday gains – Analysis - 27-05-2022

Economies.com
2022-05-27 04:24AM UTC

Wheat price bounced upwards after approaching 1114.00 level, to head towards achieving expected intraday gains in the upcoming sessions, targeting testing 1173.80 level as a first station, noting that breaching it will push the price to 1200.00 direct.

 

Therefore, the bullish bias will remain suggested for today unless breaking 1114.00 and holding below it.

 

The expected trading range for today is between 1130.00 support and 1180.00 resistance.

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The expected trend for today: Bullish

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