SINGAPORE: CBOT wheat may test a resistance at $6.73-3/4 per bushel, a break above which could lead to a gain into $6.85-1/4 to $7.04 range.

The contract failed twice to break a support at $6.40, around which a temporary bottom has formed.

This bottom could be a part of a bigger one developing from the May 26 low of $6.39-1/2.

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