Wheat Price Analysis Expected Scenario Wheat price traded with strong positivity yesterday to approach our waited target at 700.00$, noting that the price is affected by stochastic negativity to show some bearish bias and hint heading to decline in the upcoming sessions. We suggest heading to test the bullish channels support line around 667.40$, making the bearish bias expected for today unless the price rallied to breach 701.10$ and hold above it. Expected Trading Range Between 675.00$ support and 700.00$ resistance.

Trend Forecast: Bearish