Wheat Price Analysis Expected Scenario Wheat price managed to achieve our first waited target at 660.00$ and settles around it now, waiting to gather positive momentum that assists in pushing the price to resume the bullish wave within the bullish channel that appears on the chart, noting that the next target extends to 685.00 areas.
Therefore, the bullish trend scenario will remain valid and active, conditioned by the price stability above 632.00$.
Expected Trading Range The expected trading range for today is between 650.00$ support and 675.00$ resistance.
Trend Forecast: Bullish