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Corn capped at $3.45 (Oanda), has scope to go to $3.2 or below

2018-01-16_CORN-UTM-Capped

Corn Monthly Price Chart in $USD (Oanda) – Price is capped by a cross-over between M7 & M20 moving averages. As long as $3.45 holds odds are in favor of lower prices forward, target in the $3.20 price area. CORN FUTURE at $348- Bearish until $300

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