Wheat price begins with strong bullish gap – Analysis - 16-05-2022
Economies.com
2022-05-16 04:10AM UTC
Wheat price opened today with strong rise that put the price above 1200.00 level, to head towards resuming the main bullish trend, paving the way to achieve new gains that reach 1285.00 followed by 1342.30.
Therefore, the bullish bias will be suggested for today, noting that the continuation of the bullish wave requires holding above 1200.00.
The expected trading range for today is between 1210.00 support and 1280.00 resistance.
The expected trend for today: Bullish
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