Corn price keeps rising – Analysis - 30-01-2023
Economies.com
2023-01-30 05:05AM UTC
Corn price shows more bullish bias to approach our first positive target at 695.00, and we suggest the continuation of the bullish trend to visit the previously recorded high at 708.20 as a next main target.
The EMA50 continues to support the price from below to reinforce the expectations of continuing the bullish trend, which will remain valid unless breaking 673.50 and holding below it.
The expected trading range for today is between 676.00 support and 695.00 resistance.
The expected trend for today: Bullish
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