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Corn: Strong Resistance At 370

Published 03/18/2016, 05:47 AM
Updated 07/09/2023, 06:31 AM

Corn Weekly Chart

Corn first support at 366/365 but below here targets good support at 363/362. This is the last line of defence for bulls today with a break lower to target 358.

Strong resistance at 370 and only a break and WEEKLY CLOSE above 372 keeps the outlook positive for next week but we still have to beat 100 day moving average resistance at 373/374 to target very strong resistance at 378.

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