Corn Price provided more positive trades to approach our waited target at 337.60, which represents 38.2% Fibonacci correction level for the decline from 386.10 to 307.60, which urges caution when reaching it, as breaching this level will lead the price to achieve more bullish correction that its next target reaches 346.80.
Until now, we will continue to suggest the bullish trend in the upcoming sessions unless breaking 326.10 level and holding below it.
The expected trading range for today is between 330.00 support and 337.60 resistance.
The expected trend for today: Bullish