CBOT December wheat may retest support at $7.54-3/4
CBOT December wheat (WZ26) may test support at $7.54-3/4 per bushel. A break below could open the way toward $7.45-1/4. Wheat failed twice to break resistance at $7.89-3/4.
CBOT December wheat (WZ26) may test a support at $7.54-3/4 per bushel, a break below which could open the way toward $7.45-1/4.The contract failed twice to break a resistance at $7.89-3/4.
The failure, along with the current fall, suggests the formation of a flat or double-top.The drop may end arou…