Wheat Price Analysis Expected Scenario Wheat price returned to decline after the temporary rise that it witnessed in the previous sessions, to start pressing on 629.20$ level, as it closed the daily candlestick below it, to reinforce the chances of continuing the expected bearish trend for the upcoming period, which its next target reaches 605.80$. The EMA50 keeps supporting the suggested bearish wave, which will remain valid unless breaching 652.60$ and holding above it. Expected Trading Range Between 610.00$ support and 640.00$ resistance.

Trend Forecast: Bearish