Wheat today broke through the key resistance level 550.00 (top of the previous short-term impulse wave 1 from the middle of June).
The breakout of the resistance level 550.00 accelerated the active short-term impulse wave 3 from the middle of June.
Wheat is expected to rise further and retest the next resistance level 570.00 (target price for the completion of the active impulse wave 3).
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- Ebay reversed from support level 49.35 - Likely to rise to resistance level 52.55…
Even though the Bank of Japan left the key rate and parameters of the QE…
Market picture Market Dynamics: The cryptocurrency market stabilised, losing just 0.1% of capitalisation and dropping to…
- GBPCAD reversed from key support level 1.6910 - Likely to rise to resistance level…
- GBPAUD reversed from support level 1.9135 - Likely to rise to resistance level 1.9360…
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