Wheat price attacks the support – Analysis - 13-04-2021
Economies.com
2021-04-13 03:17AM UTC
Wheat price traded with strong negativity yesterday to break 629.40 and close the daily candlestick below it, to reactivate the negative scenario again, paving the way to head towards 614.60 initially.
Therefore, the bearish bias will be suggested for today, taking into consideration that consolidating above 629.40 will stop the expected decline and put the price within sideways track between the mentioned support and 644.20 resistance.
The expected trading range for today is between 620.00 support and 635.00 resistance.
The expected trend for today: Bearish
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