Corn price is recovering – Analysis - 14-04-2021

Economies.com
2021-04-14 02:28AM UTC

Corn price rallied upwards strongly yesterday to breach 570.40 level and settles above it again, to resume the main bullish track that moves inside the bullish channel that appears on the chart, waiting to head towards 600.00 areas mainly.

 

Therefore, the bullish bias will be suggested for today, taking into consideration that the continuation of the bullish wave requires holding above 571.75 and the most important above 565.00.

 

The expected trading range for today is between 565.00 support and 595.00 resistance.

The expected trend for today: Bullish

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