Commodities

Midday update for Wheat price 13-12-2019

2019-12-13 11:09:02 GMT (Economies.com)

Wheat price shows sideways trading since morning, settling around 530.0, noticing that stochastic provides positive signals to support the chances of resuming the expected bullish trend for today, which targets 540.0 followed by 556.1 levels as next main stations, while holding above 517.6 represents main condition to continue the expected bullish wave.

 

The expected trading range for today is between 520.0 support and 548.0 resistance.

The expected trend for today: Bullish

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