Corn price keeps its positive stability – Analysis - 12-05-2021

2021-05-12 00:04:08 GMT (

Corn price kept its stability above the bullish channel’s support line, to keep the bullish trend scenario valid and active for the upcoming period, which targets 730.00 as a next main station.


The EMA50 keeps supporting the suggested bullish wave, which will remain valid conditioned by the price stability above 700.00 and 690.00 levels.


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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