Midday update for Corn price 03-04-2020
Economies.com
2020-04-03 10:43AM UTC
Corn Price shows bullish bias since morning to approach the EMA50, affected by stochastic positivity, while the EMA50 keeps pressing negatively on the price, to keep the bearish trend scenario active for the upcoming period conditioned by the price stability below 346.20, reminding you that our waited targets begin at 333.80 and extend to 324.30 after surpassing the previous level.
The expected trading range for today is between 325.00 support and 342.00 resistance.
The expected trend for today: Bearish
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