Corn Prices Signal Bearish Trend with Key Support Levels

by Yuki

Corn prices have successfully fallen below $387.30, confirming the continuation of the bearish trend. The market now targets $380.00 and potentially $365.00 in the near term. The EMA50 is exerting negative pressure, reinforcing the expected decline, provided the price remains below $387.30 and crucially under $395.30.

For today, the trading range is projected between $375.00 for support and $390.00 for resistance.

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