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Important price line being approached by Wheat DECEMBER 2020. This price has been tested numerous times before.

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.

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Important price line breached by GER30. This price has been tested numerous times before.

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We expect a 216 pip movement on DX within 48 hours following the event release.

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