Corn price rallied upwards strongly yesterday to succeed touching our waited target at 570.40 and settles there, waiting for more rise to surpass this level and open the way to achieve more expected gains in the upcoming sessions, to extend the next target to 585.00 followed by 600.00 areas.
Therefore, we will continue to suggest the bullish trend for the upcoming period, noting that failing to breach 570.40 will put the price under negative pressure that its targets begin by testing 549.50 areas.
The expected trading range for today is between 560.00 support and 585.00 resistance.
The expected trend for today: Bullish