Wheat Price Analysis Expected Scenario The wheat price succeeded in achieving our awaited target at 629.20$ and surpassed it to close the daily candlestick below it, reinforcing the chances of continuing the domination of the bearish correction and opening the way to continue the decline in the upcoming sessions, targeting visiting 605.80$ as a next target. Therefore, the bearish trend will remain suggested on the intraday and short-term basis, noting that breaching 629.20$ is considered as an initial positive key to the attempt to recover and build bullish wave that its first target located at 652.60$. Expected Trading Range Between 610.00$ support and 635.00$ resistance.

Trend Forecast: Bearish