Wheat Weekly Forecast (January 3 – 5, 2023)
Uptrend scenario
The uptrend may be expected to continue, while market is trading above support level 761, which will be followed by reaching resistance level 817 and 848.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 761, which will be followed by moving down to support level 732.
The uptrend may be expected to continue, while market is trading above support level 761, which will be followed by reaching resistance level 817 and 848.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 761, which will be followed by moving down to support level 732.