MAJOR-GRAINS+CADUSD-TRENDS/TRADING-JUN30/2020-TUES

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 UP -LONG TERM RANGE (473-302)
TRADING: UP -TESTED TREND-HIGH@346-ESCALATED-BUYING-RESISTANCE@PREVIOUS HIGHS HELD-.   
TARGETS: (315 (333-350) 368)/COMMITMENTS-HEDGERS MORE NET LONG/FUNDS MORE NET SHORT.

SOYS (ZSX20). LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=DOWN-2.13MMT 
TRENDS: -PRICE UP/MORE -OPEN INTEREST DOWN -VOLUME DOWN -LONG TERM RANGE (1067-791).
TRADING: UP-TESTED/CLOSED UP ON TREND-RESISTANCE@887/HIGHS HELD-ESCALATED-BUYING. 
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 -VOLUME FLAT -LONG TERM (593-387). 
TRADING: UP-UPSIDE TREND-TESTED/CLOSED BELOW MAJOR RESISTANCE@495-STEADY-NET BUYING-.  
TARGETS: (520 (495-471) 447)/COMMITMENTS-HEDGERS MORE NET LONG/FUNDS NOW NET SHORT

DOLLAR (D6U20) CAD/USD : DAY LIMIT $4.00                    
TRENDS: -PRICE UP/LESS -OPEN INTEREST UP -VOLUME FLAT -LONG TERM-(8295-6809)
TRADING: UP-TESTED/CLOSED UP ABOVE TREND-MET RESISTANCE@7372-ESCALATED-BUYING.
TARGETS: (7232 (7315-7398) 7480)/COMMITMENTS-HEDGERS LESS LONG/FUNDS LESS SHORT-(NET)