Corn Wave Analysis 18 September, 2020
September 18, 2020 @ 15:52 +03:00
• Corn rising inside waves (iii) and (3)
• Likely to rise to 385.90
Corn continues to rise inside the short-term impulse wave (iii), which started earlier from the key support level 362.70 (former resistance from the end of August).
The active impulse wave (iii) belongs to the clear multi-month upward impulse sequence (3) from the start of August
Corn is likely to rise further toward the next resistance level 385.90 (former monthly high from the start of March).