After a successful break of an inverted H&S pattern, the price of corn returned back below the broken neck line and settled on a daily support zone.
As long as the price is below the neck line, 1.35 will act as resistance.
The more interesting scenario will be if the price will climb back up above 1.35. Potential target for the upside move is - 1.6.
As long as the price is below the neck line, 1.35 will act as resistance.
The more interesting scenario will be if the price will climb back up above 1.35. Potential target for the upside move is - 1.6.