Corn price keeps its positive stability – Analysis - 20-10-2021
Economies.com
2021-10-20 04:19AM UTC
Corn price settles above the breached resistance, noticing that stochastic shows clear oversold signals now, waiting to motivate the price to resume the expected bullish trend for the upcoming period, which targets 550.00 as a next main station.
The EMA50 supports the suggested rise, which will remain valid conditioned by the price stability above 530.00.
The expected trading range for today is between 530.00 support and 545.00 resistance.
The expected trend for today: Bullish
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