Corn price keeps declining to approach our waited target at 425.30$, noticing that the price completed forming double top pattern that we expect to push the price to break the mentioned level and achieve additional negative targets that extend to 416.30$.
Therefore, the bearish trend will remain suggested for the upcoming period, noting that breaching 434.30$ will stop the negative scenario and push the price to turn to rise.
The expected trading range for today is between 420.00$ support and 434.00$ resistance.
Trend forecast: Bearish
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