FxPro - Analytics


761.75 6.25/10
89% of positive reviews

Corn Wave Analysis – 12 June, 2019

  • Corn reversed from powerful support level 410.
  • Further gains are likely

Corn recently reversed up sharply from the powerful support level 410.00 (former multi-month high from May of 2018).

The upward reversal from this support area completed the previous ABC correction 2 from the end of May.

Corn is expected to rise further and retest the next key resistance level 437.00 (which reversed the previous waves 1 and (b))).


Source: FxPro

To leave a comment you must or Join us

By visiting our website and services, you agree to the conditions of use of cookies. Learn more
I agree