Corn price crawls downwards – Analysis - 05-03-2021
Economies.com
2021-03-05 05:19AM UTC
Corn price continues to decline calmly and settles around 530.00, thus, the bearish trend scenario will remain valid as it is for the upcoming period, supported by the negative pressure formed by the EMA50, waiting to visit 510.00 as a next main target, reminding you that it is important to hold below 555.00 to continue the expected decline.
The expected trading range for today is between 525.00 support and 537.00 resistance.
The expected trend for today: Bearish
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