Corn price awaits more gains – Analysis - 10-05-2021
Economies.com
2021-05-10 00:27AM UTC
Corn price shows some slight bearish bias to test the minor bullish channel’s support line, waiting to resume the main bullish trend, which targets 730.00 level as a next station.
The EMA50 continues to support the expected bullish wave, noting that its continuation requires holding above 710.00 and the most important above 689.00.
The expected trading range for today is between 700.00 support and 730.00 resistance.
The expected trend for today: Bullish
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