Corn price is testing the EMA50 that forms minor resistance at 485.50, waiting to breach this level to open the way to achieve our positive targets that start at 487.90 and extend to 493.20.
Until now, the bullish trend scenario still active for the upcoming period, reminding you that it is important to hold above 481.30 to achieve the suggested targets.
The expected trading range for today is between 480.00 support and 490.00 resistance.
The expected trend for today: Bullish