Corn price continues to rise – Analysis - 07-05-2021
Economies.com
2021-05-07 00:12AM UTC
Corn price opens today’s trading with additional bullish bias to support the expectations of continuing the main bullish trend, and we believe that the way is open to head towards 730.00 that represents our next target, supported by the EMA50 that continues to carry the price from below.
The bullish channel keeps organizing the suggested bullish wave, which will remain valid conditioned by the price stability above 682.00.
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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