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Wheat price gathers the positive momentum – Forecast today - 05-04-2024
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Wheat price gathers the positive momentum – Forecast today - 05-04-2024
Apr 4, 2024 7:56 PM

Wheat Price Analysis Expected Scenario Wheat price tested the 569.80$ level and encountered solid resistance. Stochastic indicates a positive overlap, supporting the possibility of surpassing this level and initiating further bullish correction. The next positive target is awaited at 583.50$. The bullish trend scenario remains valid and active, conditioned by price stability above 552.80$. Expected Trading Range Between 555.00$ support and 580.00$ resistance. Trend Forecast: Bullish

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