October 06, 2020 at 03:36PM

• Wheat broke resistance level 585.00

• Likely to rise to 600.00 and 610.00

Wheat recently broke above the key multi-month resistance level 585.00 (which has been steadily reversing the price from the middle of January).

The breakout of the resistance level 585.00 accelerated the active impulse waves iii, (iii) and C.

Wheat price is likely to rise further toward the next resistance level 600.00 (target price for the completion of wave (iii)) – followed by 610,00 (projected end of wave C).

Continue Reading…

From: The FxPro Tech Analysis Team https://fxpro.news/market-snapshots/wheat-wave-analysis-6-october-2020-20201006/
Selected by fonecable.com

euro
Search Web: Wheat Wave Analysis 6 October, 2020

Recent Posts

euro

Related Listening

December Reports

November Reports

October Reports

September Reports

August Reports

July Reports

Leave a Reply

Your email address will not be published. Required fields are marked *

Chinese (Simplified) ZH-CN English EN French FR German DE Spanish ES