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For more technical analysis, please click TECH/C SINGAPORE, Oct 16 (Reuters) — CBOT December corn may fall into a range of $4.72-1/2 to $4.75-1/4, as it seems to have broken a support at $4.78-1/4 per bushel. Although the market keeps hovering around this support, it has briefly pierced below it many times. As long as
The contract may fall into the stated range after appearing to break support at $4.78-1/4 per bushel. The report says resistance is at $4.80-3/4.
For more technical analysis, please click TECH/C SINGAPORE, Oct 15 (Reuters) — CBOT December corn is expected to break a support at $4.78-1/4 and fall into a range of $4.72-1/2 to $4.75-1/4 per bushel. The contract's failure to break a resistance at $4.87-1/4 and the following drop suggest that a bounce from $4.70-1/4
CBOT December corn is expected to break support at $4.78-1/4 and fall into the stated range per bushel. The contract failed to break resistance at $4.87-1/4; the subsequent drop suggests a bounce from $4.70-1/4 may have completed.