Midday update for Corn price 21-01-2021
Economies.com
2021-01-21 11:00AM UTC
Corn price settles near the bearish channel’s resistance, and as we mentioned this morning, the price needs to breach 531.40 to reinforce the chances of continuing the expected bullish trend for the upcoming period, which targets 542.30 followed by 560.00 levels as next main stations.
Therefore, we will keep our positive overview for today unless breaking 513.00 and holding below it.
The expected trading range for today is between 520.00 support and 542.00 resistance.
The expected trend for today: Bullish
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