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Corn price resumes the decline – Forecast today - 24-06-2024
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Corn price resumes the decline – Forecast today - 24-06-2024
Jun 23, 2024 10:10 PM

Corn Price Analysis Expected Scenario Corn price provided new negative trades in the previous sessions to reach 440.00$ barrier, reinforcing the expectations of continuing the bearish trend in the upcoming sessions, and the way is open to achieve our waited target at 433.50$. The negative effect of the double top pattern supports the suggested negative scenario, which will remain valid unless the price rallied to breach 449.20$ and hold above it. Expected Trading Range The expected trading range for today is between 435.00$ support and 445.00$ resistance.

Trend Forecast: Bearish

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