Corn price shows calm positive trades and continues to move at the main bullish channel’s resistance, getting continuous positive support by the EMA50, to support the continuation of our bullish overview that targets 430.00 level as a next positive station.
Therefore, we are waiting for more rise in the upcoming sessions, noting that it is important to hold above 415.00 to achieve the suggested targets.
The expected trading range for today is between 412.00 support and 425.00 resistance.
The expected trend for today: Bullish