Corn Friday Forecast

Friday Forecast, 29 July 2022

Uptrend scenario
The uptrend may be expected to continue in case the market rises above resistance level 624, which will be followed by reaching resistance level 658.
Downtrend scenario
An downtrend will start from resistance 623, which will be followed by moving down to support level 566.

This/Next Week Forecast (July 25 – 29, 2022)

Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 576, which will be followed by moving up to resistance level 623.
Downtrend scenario
The downtrend may be expected to continue, while market is trading below resistance level 576, which will be followed by reaching support level 516 – 497.

Monthly Forecast, August 2022

Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 576, which will be followed by moving up to resistance level 658.
Downtrend scenario
The downtrend may be expected to continue, while market is trading below resistance level 576, which will be followed by reaching support level 516 – 497.

previous month forecast

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