0
0
April 09, 2021 at 04:04PM
• Wheat broke key resistance level 625.00
• Likely to reach resistance level 650.00
Wheat continues to rise inside the minor ABC corrective wave (ii) – which started earlier from the major round support level 600.00.
The price earlier broke the key resistance level 625.00 (former major support from the end of January) – which added to the bullish pressure on wheat .
Wheat is likely to rise further toward the next resistance level 650.00 (target price for the completion of the active corrective wave (ii)).
From: The FxPro Tech Analysis Team https://fxpro.news/market-snapshots/wheat-wave-analysis-9-april-2021-20210409/
Selected by fonecable.com
Search Web: Wheat Wave Analysis 9 April, 2021
Recent Posts
- Crude Oil Over Crypto
- US Dollar Price Action Setups pre-CPI: EUR/USD, GBP/USD, USD/JPY
- Cathie Wood & Ark: Insiders Aren’t Buying the Hype
- Breaking News: ECB Holds Rates, Setting up July and September for Fireworks
- Currency Carry Trade: What is it and how does it work?
Happy
0 %
Sad
0 %
Excited
0 %
Sleepy
0 %
Angry
0 %
Surprise
0 %
