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Corn price awaits confirmation signal – Forecast today - 10-06-2024
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Corn price awaits confirmation signal – Forecast today - 10-06-2024
Jun 9, 2024 9:58 PM

Corn Price Analysis Expected Scenario Corn price tested the key support 449.20$ and bounced bullishly from there, to remain confined between the trend confirmation levels represented by the mentioned support and 461.90$ resistance, which keeps our neutrality valid until the price manages to surpass one of these levels. We remind you that breaching the mentioned resistance will push the price to recover and target 474.70$ areas initially, while breaking the support represents negative factor that will push the price to achieve negative targets that start by visiting 433.50$ level. Expected Trading Range Between 445.00$ support and 465.00$ resistance.

Trend Forecast: Neutral

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