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Corn price hits the target – Forecast today - 28-05-2024
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Corn price hits the target – Forecast today - 28-05-2024
May 27, 2024 9:47 PM

Corn Price Analysis Expected Scenario The corn price opens todays trading with clear positivity to achieve our awaited target at 474.70$, and we suggest the continuation of the bullish bias to surpass this level and achieve additional gains that reach 490.40$. The bullish trend will remain valid on the intraday basis, supported by the EMA50 that carries the price from below. Failing to breach 474.70$ will push the price to rebound bearishly and head to test the key support at 461.90$ before any new attempt to rise. Expected Trading Range Between 470.00$ support and 480.00$ resistance.

Trend Forecast: Bullish

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