Wheat price declines calmly – Analysis - 17-06-2021
Economies.com
2021-06-17 04:16AM UTC
Wheat price resumes its negative trades calmly to approach 659.40 level, and we expect the continuation of the bearish bias to break this level and open the way to head towards 633.60 as a next target, supported by the negative pressure formed by the EMA50, reminding you that the continuation of the bearish wave depends on the price stability below 680.20.
The expected trading range for today is between 650.00 support and 675.00 resistance.
The expected trend for today: Bearish
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