Wheat Price Analysis Expected Scenario Wheat price provided negative trades yesterday, nearing the first awaited target at 552.80$. Awaiting a break below this level to extend the bearish wave towards 541.80$ as the next main target. The EMA50 continues to exert downward pressure, supporting the continuation of the bearish trend. The bearish scenario remains valid unless the price manages to rally and breach 569.80$, holding above it. Expected Trading Range Between 550.00$ support and 576.00$ resistance.

Trend Forecast: Bearish