Corn price completes the negative pattern – Analysis – 13-09-2023
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Photo By Economies.com
Corn price begins to break the symmetrical triangle’s support line that appears on the chart, reinforcing the expectations to continue the bearish trend in the upcoming sessions, paving the way to head towards our main expected target at 435.60.
Stochastic provides negative signals that support the continuation of the expected decline, which will remain valid unless breaching 509.50 and holding above it.
The expected trading range for today is between 465.00 support and 485.00 resistance.
The expected trend for today: Bearish
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