Corn price awaits confirmation signal – Analysis - 11-08-2022
Economies.com
2022-08-11 04:03AM UTC
Corn price attempted to breach 622.40 but it couldn’t hold above it, to stay stuck between the next trend keys represented by the mentioned resistance and 603.00 support, to continue with our neutrality until the price breaches one of the mentioned levels.
We remind you that breaching the mentioned resistance will push the price to achieve additional gains that reach 660.70, while breaking the support will put the price under the negative pressure again, to head towards 575.00 areas initially.
The expected trading range for today is between 600.00 support and 635.00 resistance.
The expected trend for today: Neutral
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