Corn price gets a negative signal – Analysis - 03-06-2020
Economies.com
2020-06-03 03:36AM UTC
Corn Price tested 326.10 level and keeps its stability below it, accompanied by witnessing clear negative signals through stochastic, waiting to motivate the price to resume the expected bearish trend for the upcoming period, which its targets begin by breaking 320.00 to confirm opening the way to head towards 307.60 as a next main station.
Holding below 337.60 is important to continue the expected decline, as breaching it will push the price for more bullish correction and a visit to 337.60 as a next station.
The expected trading range for today is between 315.00 support and 330.00 resistance.
The expected trend for today: Bearish
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