Ears of sweet corn
• Corn broke support level 322.50
• Likely to fall to 313.40
Corn recently broke the key support level 322.50 (low of the previous Morning Star from the middle of July, low of wave (i)).
The breakout of the support level 322.50 coincided with the breakout of the daily up channel from April and the 61.8% Fibonacci correction 4.
Corn is likely to fall further in the active impulse waves 5 and (iii) toward the next support level 313.40 (former monthly low from June).
- GBPUSD reversed from strong support level 1.2665 - Likely to rise to resistance level…
- USDCAD broke resistance level 1.3950 - Likely to rise to resistance level 1.4050 USDCAD…
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
Cryptocurrencies continued to surge, pushing the total cap to $3 trillion. Bitcoin has gained nearly…
- 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…
This website uses cookies