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Corn prices experienced negative trades yesterday, reinforcing the anticipated bearish trend on an intraday basis. The current targets are set at $380.00, with a further decline to $362.00 possible if the price breaks below this level. The EMA50 indicator supports this bearish outlook, which will remain valid unless prices rise above $398.00 and hold.
For today, the expected trading range is between $380.00 (support) and $396.00 (resistance).
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