Corn price recovers – Analysis - 29-01-2020
Economies.com
2020-01-29 05:54AM UTC
Corn Price traded with clear positivity yesterday to breach 386.30 level and settles above it, which hints the price head to achieve more expected gains in the upcoming sessions, as it approaches the first positive target at 394.10.
Therefore, the bullish bias will be suggested for today, noting that breaching the first target will push the price to 400.00 as a next station, while the expected rise will remain valid unless breaking 386.30 level and holding below it.
The expected trading range for today is between 386.00 support and 397.00 resistance.
The expected trend for today: Bullish
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