CBOT Wheat May Retest Support at $6.57
CBOT December wheat may retest $6.57 per bushel; a break below could open a path to $6.51–$6.54¼.
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CBOT December wheat may retest $6.57 per bushel; a break below could open a path to $6.51–$6.54¼.
For more technical analysis, click TECH/C SINGAPORE, Oct 15 (Reuters) — CBOT December wheat may retest a support at $6.63-1/4 per bushel, a break below which could trigger a fall into the $6.57 to $6.59-3/4 range. The support caused two bounces. The second one looks much weaker, which has ended around a resistance at $
CBOT December wheat may retest support at $6.63-1/4 per bushel; a break below could expose the $6.57 to $6.59-3/4 range.
CBOT December wheat (WZ26) may retest support at $7.30½ per bushel, after a correction from $7.95 looks incomplete.