Wheat price resumes the decline – Analysis - 29-11-2022
Economies.com
2022-11-29 04:48AM UTC
Wheat price provided clear negative trades yesterday to move away from 790.00, reinforcing the expectations of continuing the bearish trend, which targets 760.00 followed by 741.30 levels as next main stations.
The EMA50 continues to support the suggested bearish wave, which will remain valid unless breaching 790.00 and holding above it.
The expected trading range for today is between 760.00 support and 795.00 resistance.
The expected trend for today: Bearish
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