Corn price rises calmly – Analysis - 08-04-2021

Economies.com
2021-04-08 04:18AM UTC

Corn price crawls upwards calmly to move away from the EMA50, which support the continuation of the expected bullish trend for the upcoming period, targeting 570.40 level as a next main station.

 

Stochastic current negativity might cause some sideways fluctuation before resuming the positive attempts, noting that it is important to hold above 541.00 to continue the expected rise.

 

The expected trading range for today is between 545.00 support and 560.00 resistance.

The expected trend for today: Bullish

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