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Corn prices faced temporary negative pressure yesterday, testing the key support level at $393.50. However, the price has started to show positive movement, indicating a potential resumption of the expected bullish wave on an intraday basis. The next main target is set at $410.00.
As long as the price remains stable above the $393.50 level, the positive outlook will stay valid and active.
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The expected trading range for today is between the support level of $390.00 and the resistance level of $405.00.
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Trend Forecast: Bullish
