Wheat Price Analysis
Expected Scenario
- Wheat price has managed to breach the 614.10$ level and close the daily candlestick above it.
- This reinforces the expectations of continuing the bullish trend on the intraday and short-term basis.
- It opens the way for the price to head towards 635.00$ followed by 641.50$ levels as the next main targets.
Expected Trading Range
Between the support at 610.00$ and the resistance at 630.00$.
Trend Forecast: Bullish