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Corn price confirms the break – Forecast today - 04-06-2024
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Corn price confirms the break – Forecast today - 04-06-2024
Jun 3, 2024 9:53 PM

Price Analysis: Corn Expected Scenario Corn price managed to break 449.20$ level and hold below it, confirming the continuation of the bearish trend domination to head towards achieving our next negative target at 433.50$. The negative effect of the double top pattern supports the expected bearish trend, which will remain valid unless breaching 449.20$ and holding above it. Expected Trading Range Between 437.00$ support and 449.00$ resistance.

Trend Forecast: Bearish

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