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Corn price breaches the resistance – Forecast today - 22-05-2024
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Corn price breaches the resistance – Forecast today - 22-05-2024
May 21, 2024 9:42 PM

Corn Price Analysis Expected Scenario Corn price opened today with new positivity to breach 461.90$ and settles above it, to head towards achieving expected gains in the upcoming sessions, targeting visiting 474.70$ as a next main target. Therefore, the bullish bias will be suggested for today, supported by stochastic positivity, noting that breaking 461.90$ and holding below it again will turn the intraday trades to decline, to head towards targeting 449.20$ initially. Expected Trading Range Between the support at 460.00$ and the resistance at 475.00$.

Trend Forecast: Bullish

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