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Corn price keeps its negative stability – Forecast today - 05-06-2024
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Corn price keeps its negative stability – Forecast today - 05-06-2024
Jun 4, 2024 9:54 PM

Corn Price Analysis Expected Scenario Corn price tested the key resistance 449.20$ and kept its stability below it, to keep the bearish trend scenario active, affected by the previously completed double top pattern, waiting to visit 433.50$ as a next main target. The EMA50 supports the expected bearish trend, reminding you that it is important to hold below 449.20$ to achieve the waited targets. Expected Trading Range Between 437.00$ support and 449.00$ resistance.

Trend Forecast: Bearish

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