Wheat Price Analysis Expected Scenario Wheat price opens today with a bullish gap, pushing the price to breach the 710.00$ level strongly, heading towards resuming the main bullish track within the bullish channel visible on the chart. The price is on its way to test 737.30$ as the next station, noting that breaching it will push the price towards 750.00$ as the next main target. Holding above 722.00$ is crucial for the continuation of the expected rise. Breaking it will push the price to turn to decline and head to cover the mentioned gap initially, followed by continuing the decline to visit the bullish channels support line around 684.00$. Expected Trading Range Between 720.00$ support and 737.00$ resistance.

Trend Forecast: Bullish