Midday update for Corn price 22-05-2020

Economies.com
2020-05-22 09:04AM UTC

Corn Price attempts to break the bullish channel’s support line now, to support the expectations of continuing the bearish trend for the upcoming period, supported by moving below the EMA50, paving the way to head towards 307.60 that represents our first main target, reminding you that it is important to hold below 326.10 to continue the expected decline.

 

The expected trading range for today is between 310.00 support and 326.10 resistance.

 

The expected trend for today: Bearish

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