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Corn prices revisited the 487.90 level and maintained their position below it. The market continues to operate within a sideways range, delineated by the aforementioned resistance and support at 481.30. A decisive move beyond either of these levels is essential to identify the ensuing targets accurately.
For a comprehensive review of projected targets following a breach, please refer to our previous technical report on corn prices.
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Today’s projected trading range stands between support at 478.00 and resistance at 488.00.
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Anticipated Trend for Today: Sideways
