Wheat price keeps its positive stability – Analysis - 30-11-2020

Economies.com
2020-11-30 05:16AM UTC

Wheat price bounced upwards clearly after testing 597.30 level in previous sessions, getting clear positive signal through stochastic, which supports the chances of resuming the main bullish trend, which targets 636.60 level as a next main station.

 

Therefore, the bullish trend will remain valid and suggested for the upcoming sessions conditioned by the price stability above 597.30.

 

The expected trading range for today is between 597.30 support and 620.00 resistance.

The expected trend for today: Bullish

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