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Corn Wave Analysis – 28 May, 2020

Corn Wave Analysis – 28 May, 2020
  • Corn rising inside weekly correction (4)
  • Likely to rise to 330.00

Corn continues to rise inside the weekly upward correction (4) – which started earlier from the powerful round support level 300.00

The upward reversal from the support level 300.00 created the weekly reversal pattern hammer – following the same hammer from the previous week.

Corn is likely to rise further toward the next resistance level 330.00 (former yearly low from the middle of 2017).

Corn Wave Analysis – 28 May, 2020

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