Midday update for Corn price 12-05-2021

Economies.com
2021-05-12 09:15AM UTC

Corn price settles above the bullish channel’s support line, getting continuous support by the EMA50, thus, our bullish overview will remain valid for today, which depends on the price stability above 700.00 and 690.00 levels, while our next target is located at 730.00.

 

The expected trading range for today is between 690.00 support and 720.00 resistance.

The expected trend for today: Bullish

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