Corn price within bearish track – Analysis - 23-09-2020
Economies.com
2020-09-23 03:38AM UTC
Corn price continues to decline, organized inside the intraday bearish channel that appears on the chart, which supports achieving more decline in the upcoming sessions, waiting to visit 362.40 level as a next main target.
Moving below the EMA50 supports the expectations to decline, which will remain valid unless breaching 375.40 level and holding above it.
The expected trading range for today is between 362.00 support and 373.00 resistance.
The expected trend for today: Bearish
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