Corn recently reversed down from the resistance area lying between the key resistance level 460.00 (which reversed the previous waves (C) and B) and the upper daily Bollinger Band.
The downward reversal from this resistance area started the active impulse wave (C).
Corn is expected to fall further and retest the next support levels 426.00 (low of wave B) – followed by 412.70 (low of wave (A)).
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- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- WTI crude oil reversed from the multi-year support level 66.70 - Likely to rise…
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