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Corn prices have demonstrated a positive trend, successfully surpassing the $416.30 mark and closing above this level. This movement signals a revival of the bullish correctional trend, with an initial target of testing the $425.30 level. A further breach of this threshold could propel prices directly toward $434.30.
The bullish outlook is anticipated to persist in the coming sessions, provided prices do not fall below $416.30 and remain under this level.
Today’s expected trading range is projected between the support level of $415.00 and the resistance level of $430.00.
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