Corn price gets a positive signal – Analysis - 19-10-2020

Economies.com
2020-10-19 04:17AM UTC

Corn price opens today’s trading with clear positivity that hints resuming the expected bullish trend, organized inside the bullish channels that appear on the chart, noting that our waited target extends to 413.50.

 

Therefore, we will keep our bullish overview that gets continuous positive support by the EMA50, noting that it is important to hold above 398.60 to continue the expected rise.

 

The expected trading range for today is between 403.00 support and 413.50 resistance.

 

The expected trend for today: Bullish

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