Wheat price confirmed breaking 972.80 level, and trades with clear negativity to move away from this level, which supports the continuation of the expected bearish trend on the intraday and short term basis, which targets 915.20 followed by 885.50 levels as next main stations.
The bearish channel organizes the suggested bearish wave, which will remain valid conditioned by the price stability below 972.80.
The expected trading range for today is between 920.00 support and 965.00 resistance.
The expected trend for today: Bearish