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Corn price faces negative pressure – Forecast today - 12-04-2024
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Corn price faces negative pressure – Forecast today - 12-04-2024
Apr 11, 2024 10:02 PM

Corn Price Analysis Expected Scenario Corn price trades with clear negativity after testing the neckline of the inverted head and shoulders pattern. Key support at 433.50$ approached, accompanied by clear oversold signals through stochastic. Positive trades target breaching 445.50$ to confirm opening the way towards 461.90$ and 474.70$ levels. Breaking 433.50$ and holding below it will stop the correctional bullish scenario. The expected trading range for today is between 430.00$ support and 445.00$ resistance.

Trend Forecast Bullish

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