Corn price continues to decline calmly, moving below the EMA50 that forms negative pressure against the price, thus, the bearish trend scenario will remain valid as it is without any change, depending on the price stability below 534.00, reminding you that our waited targets begin at 504.00 and extend to 480.00.
The expected trading range for today is between 504.00 support and 530.00 resistance.
The expected trend for today: Bearish