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After testing 553.7500 numerous times, Wheat MARCH 2020 is once again approaching this price point. Can we expect a bearish trend to follow?

The movement of Wheat MARCH 2020 towards 553.7500 price line is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 8 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.

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Important price line breached by Verizon Communications Inc.. This price has been tested numerous times before.

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FRA40 is quickly approaching 6057.5000. We expect either a breakout through this line, or a rebound.

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