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Corn price tests the neckline – Forecast today - 15-04-2024
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Corn price tests the neckline – Forecast today - 15-04-2024
Apr 14, 2024 10:05 PM

Corn Price Analysis Positive Trading Resumes Corn price resumed its positive trading to start testing the neckline of the inverted head and shoulders pattern on the chart.

Expected Scenarios Waiting to breach the resistance at 445.50$ to get strong positive momentum supporting further bullish correction. Targets include 461.90$ followed by 474.70$ areas as next main stations. Continuation of the bullish trend suggested unless breaking 433.50$ and holding below it. Trading Range The expected trading range for today is between support at 435.00$ and resistance at 455.00$.

Trend forecast: Bullish

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