Corn price reaches the target – Analysis - 15-01-2020
Economies.com
2020-01-15 05:49AM UTC
Corn Price reached few pips away from our waited target at 394.1, showing sideways trades now, noticing that stochastic gains the positive momentum clearly, waiting to motivate the price to resume the bullish bias to breach the mentioned level and open the way to visit 400.0 as a next positive target.
Therefore, the bullish trend scenario will remain valid and active for the upcoming period conditioned by the price stability above 386.3
The expected trading range for today is between 388.0 support and 396.0 resistance.
The expected trend for today: Bullish
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