Technical analysis: CBOT corn prices continue to be bullish

On June 15, Economies analysts’ latest views today: corn prices tested the key support level at 555.90, and there was a bullish rebound, maintaining the continuation of the bullish trend, and our next target is at 574.30.

EMA50 supports the suggested upside and only a break above 555.90 with a daily close below this level will invalidate it.

Today’s expected trading range is support at 555.00 and resistance at 574.00.