Wheatfutures potential for further bearish dip! | 18th MarchPrices are on bearish momentum and abiding by a descending trendline resistance. We see the potential for a dip from our sell entry in line with 1102.31 in line with 61.8% Fibonacci retracement towards our Take Profit at 963.67 in line with 161.8% Fibonacci expansion and 61.8% Fibonacci projection. Technical indicators are showing bearish momentum.
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