MAJOR GRAINS+CADUSD-TREND LINE ANALYSIS-JUN19/2020-FRI

MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING VOLATILITY OF TRADING
TREND LINES UP: JOIN DISTINCT HIGHER LOWS-TREND LINES DOWN: JOIN DISTINCT LOWER HIGHS 
TRADING: DIRECTION-TREND-TARGET-VOLATILITY=LENGTH-HI/LO PRICE RANGE-ACTIVITY
TARGETS: PROJECTED MEASURED PRICE LEVELS AS OBJECTIVES OF RESISTANCE/SUPPORT

CORN (ZCU20). LIMIT $0.25/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=DOWN 0.82MMT
TREND LINES: PRICES-UP, OPEN INTEREST-UP. VOLUME-FLAT. LONG TERM RANGE-(473-302)
TRADED: UP-ABOVE TREND LINE-ON 333-ACCELERATED-BUYING-MET RESISTANCE@PREVIOUS HIGHS.   
TARGETS: (315 (333-350) 368)/COMMITMENTS-HEDGERS LESS NET LONG/FUNDS LESS NET SHORT.

SOYS (ZSX20). LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20-DOWN-2.13MMT 
TREND LINES: PRICES-UP/LESS. OPEN INTEREST-UP. VOLUME-FLAT. LONG TERM RANGE-(1067-791).
TRADING: UP-ABOVE TREND-BELOW 889-ACCELERATED-BUYING-CLOSED UP-ABOVE DRIFT-BULLISH. 
TARGETS: (831 (860-889) 917)/COMMITMENTS-HEDGERS MORE NET SHORT/FUNDS MORE NET LONG

WHEAT (ZWU20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=UP 0.22MMT 
TREND LINES: PRICES-DOWN. OPEN INTEREST-UP. VOLUME FLAT. LONG TERM-(593-387). 
TRADING: DOWN-ALONG TREND LINE-BELOW 494-DECELERATED-SELLING-CLOSED DOWN.  
TARGETS: (472 (494-516) 561)/COMMITMENTS-HEDGERS MORE NET LONG/FUNDS FLAT LONG

DOLLAR (D6U20) CAD/USD : DAY LIMIT $4.00                    
TREND LINES: PRICE UP. OPEN INTEREST-FLAT. VOLUME-DOWN. LONG TERM-(8295-6809)
TRADING FLAT-ON TREND LINE-MET RESISTANCE@7398-DECELERATED-SELLING-LOWER HIGH.
TARGETS: (7232 (7315-7398) 7480)/COMMITMENTS-HEDGERS FLAT LONG/FUNDS SHORT-NET