CBOT December wheat may retest $7.65 support
CBOT December wheat (WZ26) may retest support at $7.65 per bushel. A break below could open the way toward $7.54-3/4 to $7.59-3/4, with a rising wedge cited as confirmed.
CBOT December wheat (WZ26) may retest a support at $7.65 per bushel, a break below which could open the way toward the $7.54-3/4 to $7.59-3/4 range.A rising wedge has been more or less confirmed as a top pattern, as its lower trendline has been broken.
The pattern suggests a moderate target of $7.5…