Midday update for Corn price 06-05-2021
Economies.com
2021-05-06 10:20AM UTC
Corn price shows some slight bearish bias now to head towards potential test to the support base formed above 700.00, and the main positive scenario still active on the intraday and short term basis, organized inside the bullish channel that appears on the chart, waiting to visit 730.00 as a next target, reminding you that the expected rise depends on the price stability above 683.00 and 674.00 levels.
The expected trading range for today is between 690.00 support and 730.00 resistance.
The expected trend for today: Bullish
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