Corn recently broke the key support level 357.00 – which stopped the previous sharp short-term impulse wave 1 earlier this month.
The breakout of the support level 357.00 continues the active impulse waves 3 and (3) – both of which belong to the long-term impulse wave ③ from July.
Corn is expected to fall further and retest the next strong support level 343.50 (monthly low from April and May).
- GBPUSD reversed from support level 1.2495 - Likely to rise to resistance level 1.2625…
- EURUSD reversed from powerful support level 1.0350 - Likely to rise to resistance level…
- WTI broke daily Triangle - Likely to rise to resistance level 70.90 WTI crude…
- AUDUSD reversed from resistance level 0.6270 - Likely to fall to support level 0.6200…
- Nasdaq 100 reversed from strong support level 21000.00 - Likely to rise to resistance…
- USDJPY reversed from key support level 156.35 - Likely to rise to resistance level…
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