Major Grains+CADUSD-Trends/Trading/Targets-Jul17/2020-Fri

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

CORN (ZCZ20). LIMIT $0.25/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=DOWN 0.82MMT
TRENDS: PRICE UP/REVISED-OPEN INTEREST UP -VOLUME DOWN -LONG TERM RANGE (473-302)
TRADED: MOVE UP-ABOVE TREND-TESTED 340/RESISTANCE-DEESCALATED-NET BUYING-CLOSE UP-   
TARGETS: (322-340) 358)/COMMITMENTS-USERS 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 REVISED UP-OPEN INTEREST UP -VOLUME DOWN -LONG TERM RANGE (1067-791).
TRADED: MOVE UP/STEEP-BELOW TREND/RESISTANCE@898-DEESCALATED-BUYING-CLOSE UP. 
TARGETS: (831 (860-889) 917)/COMMITMENTS-USERS LESS NET SHORT/FUNDS LESS NET LONG
.
WHEAT (ZWU20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=UP 0.22MMT 
TRENDS: PRICE UP/STEEP-OPEN INTEREST DOWN -VOLUME UP -LONG TERM (593-387). 
TRADED: DOWN-OFF TREND-TESTED/CLOSED@536/MEASURED RESISTANCE-DEESCALATED-OFFSET.  
TARGETS: (495 (520-544) 569)/COMMITMENTS-USERS LESS NET LONG /FUNDS NOW NET LONG 

DOLLAR (D6U20) CAD/USD : DAY LIMIT $4.00                    
TRENDS: PRICE UP -OPEN INTEREST UP/LESS -VOLUME DOWN -LONG TERM-(8295-6809)
TRADED:DOWN-BELOW TREND/7398-DEESCALATED-OFFSET-CLOSE FLAT-IN CONSOLIDATION FLAT.
TARGETS: (7232 (7315-7398) 7480)/COMMITMENTS-USERS MORE LONG/FUNDS MORE SHORT