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After testing 558.2500 numerous times, KC HRW Wheat MAY 2021 is once again approaching this price point. Can we expect a bearish trend to follow?

The movement of KC HRW Wheat MAY 2021 towards 558.2500 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 16 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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