Corn price approaches the first target – Analysis - 13-01-2022
Economies.com
2022-01-13 05:04AM UTC
Corn price traded with clear negativity yesterday to approach 589.20 level, waiting for more decline to break this level and open the way to achieve more bearish correction that its next target reaches 571.90.
Therefore, the bearish trend scenario will remain valid and active in the upcoming sessions unless the price rallied to breach 611.00 and hold above it.
The expected trading range for today is between 590.00 support and 605.00 resistance.
The expected trend for today: Bearish
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