Wheat Price Analysis Expected Scenario Wheat price ended yesterday with clear negativity, as it broke 688.00$ level and settled below it, to return to the bullish channel again, and according to the trading rules inside the channels, the price is on its way to build intraday bearish wave that targets visiting the mentioned channels support line around 645.00$. Therefore, the bearish bias will be suggested for today, noting that breaching 694.50$ will stop the expected decline and lead the price to resume the main bullish track again. Expected Trading Range Between 665.00$ support and 695.00$ resistance.

Trend Forecast: Bearish