Corn Price Analysis Expected Scenario Corn price shows calm negative trades to gradually move away from 449.20$, reinforcing the expectations of continuing the bearish trend, which targets 433.50$ as a next station. The negative effect of the double top pattern reinforces the expectations to continue the decline, noting that breaching 449.20$ will stop the negative scenario and lead the price to start new recovery attempts on the intraday basis. Expected Trading Range Between 437.00$ support and 449.00$ resistance.
Trend Forecast: Bearish