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Technical Analysis #C-WHEAT : 2016-02-19

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 19, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Dry weather in India Egypt recently has clarified its policy for acceptable fungus contamination levels for wheat shipments, which should increase exports to Egypt. And dry weather during growing season and forecasts of rain during harvest may negatively affect wheat crops in India. Will the wheat price continue upward correction following the forecasts? Stricter norms of Egypt’s quarantine authority about zero tolerance level for ergot common wheat fungus in import shipments resulted in a fall

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