Corn price keeps fluctuating – Analysis - 10-01-2022

Economies.com
2022-01-10 04:54AM UTC

Corn price fluctuates around the broken support of the bullish channel and still below it, to keep the bearish trend scenario valid and active for the upcoming period, supported by stochastic negativity, waiting to visit 592.10 initially, noting that holding below 607.70 is required to continue the suggested bearish trend.

 

The expected trading range for today is between 592.00 support and 610.00 resistance.

The expected trend for today: Bearish

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