Corn recently broke the support level 426.00 (which previously reversed the price sharply at the start of July).
The breakout of the support level 426.00 accelerated the active impulse wave 3 – which belongs to the medium-term impulse wave (1) from June.
Corn is expected to fall further and retest the next support level 412.00 (low of the previous short-term impulse wave 1).
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
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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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