Corn price breaks the support – Analysis - 23-06-2022
Economies.com
2022-06-23 04:33AM UTC
Corn price managed to break 703.50 level and hold below it, reinforcing the expectations of continuing the bearish trend domination, and the way is open to achieve our next negative target at 680.00, and we suggest witnessing more decline and head towards 650.00 areas on the near term basis.
Therefore, the bearish trend scenario will remain valid and active conditioned by the price stability below 703.50.
The expected trading range for today is between 665.00 support and 705.00 resistance.
The expected trend for today: Bearish
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