Corn: Failure To Hold Above 377 Risks Slide To 374/373
Jason Sen | Mar 19, 2015 07:16AM ET
Corn must hold above first support at 378/377 to build on this recovery and re-target resistance at 380/381. This is the main challenge to bulls again today but break higher targets further strong resistance at 383/384. Try shorts with a stop above 385 but be aware that a break higher could go on to target 388/389.
Failure to hold above 377 risks a slide to 374/373. If this does not hold the downside could continue to 370 before a retest of good support at 367/366. Try longs with a stop below 364.
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