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Corn price under the negative pressure – Forecast today - 27-03-2024
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Corn price under the negative pressure – Forecast today - 27-03-2024
Mar 26, 2024 9:47 PM

Corn Price Analysis Corn price ended yesterday with strong negativity, breaking the 442.00$ level and reaching 433.50$ by todays open. This hints at stopping the bullish correction and resuming the main bearish track again.

The bearish bias will be suggested in the upcoming sessions. Breaking 433.50$ will push the price to achieve negative targets that start at 424.20$ and extend to 415.50$. Consolidation of 433.50$ against the current negative pressure will stop the negative scenario and lead to new bullish correction. The expected trading range for today is between 425.00$ support and 440.00$ resistance.

Trend forecast: Bearish

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