Corn price retests – Analysis - 01-06-2020
Economies.com
2020-06-01 04:31AM UTC
Corn Price retested 326.10 level that turns into key support base after breaching it previously and keeps its stability above it, accompanied by witnessing positive overlapping signal through stochastic, which forms good motive that supports the chances of resuming the correctional bullish trend, which its next target located at 337.60.
Therefore, the bullish trend scenario will remain valid and active for the upcoming period, reminding you that it is important to hold above 326.10 to continue the suggested rise.
The expected trading range for today is between 325.00 support and 340.00 resistance.
The expected trend for today: Bullish
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