Corn price shows additional negative trades to test 530.00 level, reinforcing the expectations of continuing the bearish trend on the intraday and short term basis, and we believe that the way is open to head towards our main waited target at 510.00, while holding below 555.00 represents key condition to achieve it.
The expected trading range for today is between 525.00 support and 540.00 resistance.
The expected trend for today: Bearish