Corn price tests the resistance – Analysis - 07-04-2020
Economies.com
2020-04-07 04:56AM UTC
Corn Price shows new positive trades to test 333.80 level, keeping its stability below it until now, accompanied by stochastic loss to the positive momentum gradually, waiting to motivate the price to resume the main bearish trend, organized inside the bearish channel that appears on the chart, noting that our next target is located at 324.30.
On the other hand, we should note that the continuation of the suggested bearish wave conditions by the price stability below 333.80 and 337.70 levels.
The expected trading range for today is between 325.00 support and 335.00 resistance.
The expected trend for today: Bearish
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