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Big movement expected on GER30 after a breach of the resistance

GER30 has broken through a resistance line of a Falling Wedge and suggests a possible movement to 15294.5592 within the next 9 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 4 days.

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KC HRW Wheat MAY 2021 hits 577.25 after a 3.13% move spanning 2 days

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We expect a 67 pip movement on CL within 2 hours following the event release.

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