Corn price resumes the rise – Analysis - 23-02-2021

Economies.com
2021-02-23 04:57AM UTC

Corn price shows positive trades now and attempts to return to the bullish channel, which supports the continuation of our main bullish trend expectations, which target 570.40 level as a next main station.

 

The EMA50 supports the suggested bullish wave, which will remain valid unless breaking 535.00 and holding below it.

 

The expected trading range for today is between 550.00 support and 565.00 resistance.

The expected trend for today: Bullish

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