Major Grains+cadusd-Trends/Trading/Targets-Jul06/2020-mon

MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING VOLATILITY OF TRADING
TRENDS UP: JOIN DISTINCT HIGHER LOWS-TRENDS 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
TRENDS: -PRICE UP/STEEP-OPEN INTEREST DOWN -VOLUME DOWN -LONG TERM RANGE (473-302)
TRADING: FLAT-OFF TREND-RESISTANCE@350 PREVAILING-DEESCALATING-SELLING-CLOSED UP.   
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 
TRENDS: -PRICE UP -OPEN INTEREST DOWN/LESS -VOLUME DOWN -LONG TERM RANGE (1067-791).
TRADING: UP-TESTED/CLOSED UP@TREND/906-ESCALATED-BUYING-MET MEASURED RESISTANCE. 
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 
TRENDS: -PRICE DOWN -OPEN INTEREST UP/GRADUAL -VOLUME LIGHT -LONG TERM (593-387). 
TRADING: DOWN-ON TREND-TESTING RESISTANCE@495-DEESCALATED-SELLING-CLOSED FLAT.  
TARGETS: (520 (495-471) 447)/COMMITMENTS-HEDGERS NET LONG FLAT/FUNDS NET SHORT FLAT

DOLLAR (D6U20) CAD/USD : DAY LIMIT $4.00                    
TRENDS: -PRICE UP/LESS -OPEN INTEREST UP -VOLUME DOWN -LONG TERM-(8295-6809)
TRADING: UP-ABOVE TREND-MEETING MAJOR RESISTANCE@7398-STEADY-SELLING-CLOSE UP.
TARGETS: (7232 (7315-7398) 7480)/COMMITMENTS-HEDGERS LESS NET LONG/FUNDS NET FLAT