Corn Price Hits Target Amid Bullish Momentum

by Yuki

The corn price has successfully reached the anticipated target of $433.50, establishing robust support and indicating a temporary bullish trend. However, stochastic indicators are now indicating a loss of positive momentum, signaling the potential for a resumption of bearish trades with a target set to break below $422.00.

Expected Trading Range:

Market analysts project a trading range with support at $425.00 and resistance at $445.00.

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