Type: Bearish DipKey Levels:Resistance: 1075'6Pivot: 1036'6Support: 982'0Preferred Case:Prices have approached our Pivot at 1036'6 in line with 61.8% Fibonacci Retracement . We see the potential for a dip from our Pivot at 1036'6 towards our 1st support at 982'0 in line with 61.8% Fibonacci Projection . Prices are trading below our Ichimoku cloud resistance, further supporting our bearish bias.Alternative Scenario:Price might continue to climb towards the 1st resistance level of 1075'6 in line with 100% Fibonacci projection .Fundamentals:No Major News
from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/wheat-futures-zw1-h4-bearish-dip6"
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