Wheat price is recovering – Analysis - 26-09-2023
Economies.com
2023-09-26 03:40AM UTC
Wheat price bounced upwards clearly after the consolidation of 580.20 level against the recent negative pressure, to head towards recovering on the intraday basis and achieve gains that we expect to start at 610.90 and extend to 632.00 after surpassing the previous level.
Therefore, the bullish bias will be expected for the upcoming period unless breaking 580.20 and holding below it.
The expected trading range for today is between 590.00 support and 620.00 resistance.
The expected trend for today: Bullish
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