Midday update for Corn price 08-03-2021
Economies.com
2021-03-08 10:42AM UTC
Corn price retests the breached resistance that appears on the chart, affected by stochastic negativity, and as we mentioned this morning, the price needs to hold above 545.00 to keep the bullish trend active for today, which gets positive support by the EMA50, waiting to resume the bullish bias that its next main target located at 570.40.
The expected trading range for today is between 545.00 support and 565.00 resistance.
The expected trend for today: Bullish
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