Wheat support 1070 must hold for the upside continuation.
Wheat’s strong upside reversal swing reached 1400. It pulled back $450 and is now testing the first established support of 1070. A break below this level could lead to a deeper pullback. However, price action indicates that this is just a usual consolidation before another swing higher above 1400 in the fifth wave.
Note: look for the long trade entries with the stop loss below 1070
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