Daily Chart Uptrend in Corn: Key Levels at 4,820 Support & 5,000

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  • This market analysis suggests that the price of corn futures is currently in an uptrend, particularly if it stays above the 20-day moving average and the March low. Breaking above the 5,000 price level would signal a potential move towards higher targets, indicating continued strength. However, falling below the key support level of the 20-day moving average would suggest the trend is weakening and could lead to a decline towards lower price zones


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