Wheat MARCH 2020 is quickly approaching 510.2500. We expect either a breakout through this line, or a rebound.

Wheat MARCH 2020 is heading towards a line of 510.2500. If this movement continues, we expect the price of Wheat MARCH 2020 to test 510.2500 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.