Corn price soars strongly – Analysis - 01-07-2020
Economies.com
2020-07-01 04:23AM UTC
Corn Price rose sharply yesterday after leaning on 326.10 level, to surpass our suggested positive target at 337.60 and approaches key resistance areas at 346.80, to hint the price head towards achieving more gains in the upcoming period, noting that breaching the mentioned resistance will extend the bullish wave to reach 356.10 as a next station.
Therefore, the bullish bias will remain dominant in the upcoming sessions unless breaking 337.60 level and holding below it.
The expected trading range for today is between 340.00 support and 355.00 resistance.
The expected trend for today: Bullish
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