CBOT wheat may seek support at $5.36-1/4

• The support is provided by the 61.8pc retracement of the uptrend from $5.01-3/4 to $5.92-1/2.

The support is provided by the 61.8pc retracement of the uptrend from $5.01-3/4 to $5.92-1/2.

It may trigger a pullback towards a rising trendline.

A break below $5.36-1/4 could cause a fall to $5.23.