Midday update for Corn price 05-05-2021

Economies.com
2021-05-05 09:13AM UTC

Corn price shows some slight bearish bias affected by stochastic negativity, while the EMA50 keeps supporting the price from below, to keep our bullish overview that depends on the price stability above 677.50 and 667.00 levels, while our main targets located at 700.00 followed by 730.00.

 

The expected trading range for today is between 680.00 support and 710.00 resistance.

The expected trend for today: Bullish

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