Wheat price provided additional positive trades to move away from 567.6, reinforcing the expectations of achieving more gains in the upcoming period, and the way is open to achieve our first waited target at 578.0, reminding you that surpassing it will push the price to 588.1 as a next station.
The bullish channel continues to organize the suggested bullish wave, which will remain valid unless breaking 563.8 level and holding below it.
The expected trading range for today is between 563.0 support and 580.0 resistance.
The expected trend for today: Bullish