Corn recently broke through the the support area lying between the support levels 414.00 (previous downward target) and 410.00.
The price earlier broke the 38.2% Fibonacci correction of the previous sharp upward impulse from May – which accelerated the active impulse wave 3.
Corn is expected to fall further and retest the next round support level 400.00 (former resistance level from May).
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
This website uses cookies