MAJOR GRAINS+CADUSD-TRENDS/TRADING-JULY1/2020-WED

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-ABOVE TREND-350/CLOSE-DEESCALATED-BUYING-ABOVE RESISTANCE@LAST HIGHS-.   
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/LESS -OPEN INTEREST UP -VOLUME DOWN -LONG TERM (593-387). 
TRADING: FLAT-ON TREND-THROUGH MAJOR RESISTANCE@495-DEESCALATED-BUYING-CLOSE@HIGH.  
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-ABOVE TREND-BELOW 7398-DEESCALATED-SELLING-CLOSE FLAT-IN CONSOLIDATION.
TARGETS: (7232 (7315-7398) 7480)/COMMITMENTS-HEDGERS LESS LONG/FUNDS LESS SHORT-(NET)