Wheat price resumes the rise – Analysis – 26-06-2023
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Photo By Economies.com
Wheat price faced temporary negative pressure in the previous sessions but it returns to rise again, approaching the waited positive target at 767.20, to keep the bullish trend active, noting that breaching the mentioned level will extend the bullish wave to reach 811.30 aeras as a next main station.
In general, we will continue to suggest the bullish trend for the upcoming period unless breaking 723.10 and holding below it.
The expected trading range for today is between 745.00 support and 767.00 resistance.
The expected trend for today: Bullish
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