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Corn ETF In The Coming Weeks

Published 12/15/2014, 01:23 AM
Updated 07/09/2023, 06:31 AM

Corn (NYSE:CORN) prices are attempting to break higher, with positive daily studies anticipating a test of the USD27.70, (38.2%) retracement of the April-October fall in the coming days. Beyond here is USD28.25, but with overbought areas approaching, this could cap immediate tests. Support is raised to daily congestion around USD26.00, with any break to stabilise above the USD25.43 low of 3 December as background studies continue to improve.

Corn Weekly Chart

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