Wheat price rebounds downwards – Analysis - 20-09-2021
Economies.com
2021-09-20 08:11AM UTC
Wheat price could not manage to breach 717.00 level, to rebound bearishly and head towards resuming the correctional bearish trend, on its way to achieve negative targets that start by testing 696.80 level.
Therefore, the bearish bias will be suggested for today unless breaching 717.00 and holding above it, noting that breaking the targeted level will extend the bearish wave to reach 676.60 as a next main station.
The expected trading range for today is between 696.00 support and 717.00 resistance.
The expected trend for today: Bearish
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