Type: Bearish DropKey Levels:Resistance: 1759'2Pivot: 1070'6Support: 1637'4Preferred Case:Prices are on bearish momentum. We see the potential for a dip from our pivot at 1070'6 which is a graphical overlap towards our 1st support at 1034'0 which is an area of Fibonacci confluences.Alternative Scenario:Alternatively, price may break our pivot structure and head for 1st resistance at 1080'4 graphical overlap and in line with 23.6% Fibonacci retracement.Fundamentals:No major news
from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/wheat-futures-zw1-h4-potential-for-bearish-dip"
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