Corn price didn’t show any strong move in the previous sessions, thus, no change to the expected bullish trend scenario on the intraday basis, which depends on the price stability above 534.50, supported by the EMA50, besides stochastic gain to the positive momentum gradually, noting that our expected targets begin at 550.00 and extend to 567.00.
The expected trading range for today is between 538.00 support and 550.00 resistance.
The expected trend for today: Bullish