Corn prices sustained upward momentum in recent sessions, distancing themselves from the $434.30 mark and bolstering projections of a continued bullish trend in the coming days. Analysts have identified the next target at $445.40, reflecting optimism in market movements.
The price’s position above the EMA50 lends further support to the anticipated bullish trajectory. However, a dip below the $434.30 threshold could reverse the outlook, potentially triggering a downward shift in prices.
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For today’s trading, the expected range is set between $435.00 as support and $445.00 as resistance, highlighting key levels for traders to monitor.
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