Wheat price provides new positive trades on its way for potential test to 557.30, while the bearish trend still suggested for the upcoming period as long as the price remains stable below the mentioned level, as breaching it will lead the price to resume the main bullish trend, while our negative targets begin at 536.80 and extend to 520.30 after breaking the previous level.
The expected trading range for today is between 535.00 support and 550.00 resistance.
The expected trend for today: Bearish