Corn today reversed down from the resistance area lying between the resistance level 362.00 (former monthly low from February and March) and lower trendline of the recently broken daily up channel from last July.
The downward reversal from this resistance area continues the active short-term impulse wave 3 from January.
Corn is expected to fall further and re-test the next support level 355.00 (target price for the completion of the active impulse wave 3).
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- Amazon reversed from resistance level 190.00 - Likely to fall to support level 180.00…
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