Corn price achieves strong gains – Forecast today - 29-03-2024
Economies.com
2024-03-29 01:48AM UTC
Corn Price Analysis
Expected Scenario: Continued Bullish Trend
- Corn price ended yesterday with strong positivity, breaching the $433.50 level to reach $449.20 directly, indicating a return to the bullish correctional track targeting gains up to $461.90.
- The bullish bias will continue for the upcoming period. However, consolidation around the $449.20 level against positive attempts may lead to a temporary decline, testing the $433.50 level initially.
Expected Trading Range for Today
- Support: $440.00
- Resistance: $460.00
Trend Forecast: Bullish
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