Wheat price hits the second target – Forecast today - 24-04-2024

Wheat Price

Expected Scenario

• Wheat price provided new positive trades to touch our second waited target at 597.10$, noticing that the price closed yesterday above it, to support the chances of continuing the bullish trend in the upcoming sessions and pave the way to head towards the next positive station at 614.10$.
• Therefore, we will continue to suggest the bullish trend for the upcoming period unless breaking 583.50$ and holding below it.

Expected Trading Range

The expected trading range for today is between 585.00$ support and 610.00$ resistance.