Corn price around the support line – Analysis - 02-11-2020
Economies.com
2020-11-02 04:53AM UTC
Corn price continues to fluctuate around the key support 396.60 and keeps its stability above it until now, which keeps the bullish trend scenario valid for the upcoming period, reminding you that our positive targets begin at 409.00 followed by 427.00.
On the other hand, we should note that breaking 396.60 and holding below it will stop the expected rise and press on the price to achieve more bearish correction that its next target reaches 381.00.
The expected trading range for today is between 394.00 support and 410.00 resistance.
The expected trend for today: Bullish
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