Corn price surpasses the target – Analysis - 13-12-2022
Economies.com
2022-12-13 04:52AM UTC
Corn price succeeded to achieve our waited target at 652.10 and breached it to close the daily candlestick above it, paving the way to achieve more gains on the intraday basis, and it needs to breach 657.90 to confirm rallying towards 673.50 as a next positive target.
Therefore, we will continue to suggest the bullish trend for the upcoming period, being aware that it is important to hold above 652.10 to continue the expected rise.
The expected trading range for today is between 645.00 support and 665.00 resistance.
The expected trend for today: Bullish
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