Corn price achieved initial break to the minor bullish channel’s support line, and the price might witness some temporary decline before turning back to rise again.
Until now, the overall positive scenario still valid as long as the price is stable above 710.00 and the most important above 689.00, reminding you that our next target is located at 730.00.
The expected trading range for today is between 700.00 support and 730.00 resistance.
The expected trend for today: Bullish