Commodities

Midday update for Wheat price 17-06-2021

2021-06-17 10:06:32 GMT (Economies.com)

Wheat price attacks 659.40 level and trades below it now, to reinforce the expectations of continuing the bearish trend in the upcoming sessions, paving the way to visit 633.60 that represents our next negative target, noting that holding below 680.20 is important to achieve the waited targets.

 

The expected trading range for today is between 650.00 support and 675.00 resistance.

The expected trend for today: Bearish

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