Wheat DECEMBER 2020 is moving towards a line of 548.0000 which it has tested numerous times in the past. We have seen it retrace from this positions in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If Wheat DECEMBER 2020 continues in its current trajectory, we can expect it to reach 548.0000 within the next 7 hours.
Related Posts
Interesting opportunity on Natural Gas after breaking 3.7266298076923072
Natural Gas has broken through the resistance line of a Triangle technical chart pattern. Because we have seen…
If Silver Spot touches 30.1850 it may be time to take action.
Silver Spot is moving towards a line of 30.1850 which it has tested numerous times in the past.…
After testing the resistance line numerous times, Gold Spot is once again approaching this line. Can we expect a bullish trend to follow?
Gold Spot is trapped in a Channel Up formation, implying that a breakout is Imminent. This is a…