Midday update for Wheat price 16-04-2021

2021-04-16 10:31:50 GMT (

Wheat price keeps its stability above 644.20, which keeps our bullish overview active for today, getting continuous positive support by the EMA50, waiting to resume the positive trades that target testing 662.45 mainly.


Therefore, the bullish bias will be expected for today unless breaking 644.20 and holding below it.


The expected trading range for today is between 640.00 support and 660.00 resistance.

The expected trend for today: Bullish

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