Midday update for Corn price 20-01-2021
Economies.com
2021-01-20 10:06AM UTC
Corn price begins breaking 520.10 level and moves below it now, to activate the negative effect of the double top pattern and gets negative motive that supports the expectations of achieving correctional targets that start at 513.00 and extend to 494.90, to continue suggesting the bearish trend in the upcoming sessions conditioned by the price stability below 535.40 and 542.30 levels.
The expected trading range for today is between 513.00 support and 530.00 resistance.
The expected trend for today: Bearish
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