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Wheat SEPTEMBER 2020 – breach of price line thats been previously tested numerous times before

Wheat SEPTEMBER 2020 has broken through the resistance line of a Resistance. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 8 days and suggests a target line to be around 545.0500 within the next 2 days.

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Resistance line breached by US30. This price has been tested at least twice before.

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Breach of resistance could mean a start of a bullish trend on Chevron

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