Corn Price Analysis Expected Scenario Corn price rallied upwards clearly yesterday, as it breached 449.20$ and attacked the broken neckline of the double top pattern that appears on the chart, to hint the attempt to recover in the upcoming sessions, but we notice that the price is losing its positive momentum to fall under new potential negative pressure. Therefore, the contradiction between the technical factors makes us prefer to stay aside until we get clearer signal for the next trend, noting that breaking 449.20$ will reactivate the negative scenario that its next target reaches 433.50$, while breaching 461.90$ resistance represents the key to continue the rise and achieve additional gains that reach 474.70$. Expected Trading Range Between 443.00$ support and 465.00$ resistance.

Trend Forecast: Neutral