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Corn prices are displaying a continued bearish trend, settling below the 390.00$ mark. This reinforces expectations for further declines, with next targets at 380.00$ and subsequently 362.00$. The EMA50 indicator is exerting downward pressure on prices, bolstering the outlook for a continued decrease, provided prices remain below 399.40$.
For today, the anticipated trading range is between 375.00$ support and 395.00$ resistance.
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