Corn price shows calm negative trades and attempts to move away from the bearish channel’s resistance, accompanied by stochastic loss to the positive momentum clearly, to support the expectations of continuing the bearish trend, which targets 504.00 followed by 480.00 levels mainly, reminding you that it is important to hold below 534.00 to continue the expected decline.
The expected trading range for today is between 504.00 support and 530.00 resistance.
The expected trend for today: Bearish