Wheat price provided mixed trades yesterday but it settled below 614.60, to keep the bearish trend scenario active for the upcoming period, reminding you that our next target is located at 596.30.
On the other hand, we should note that rallying bullishly and breaching 629.40 will stop the expected decline and lead the price to turn to rise.
The expected trading range for today is between 595.00 support and 625.00 resistance.
The expected trend for today: Bearish