MisterCatt

Corn/USD Bearish Divergence

MisterCatt Updated   
OANDA:CORNUSD   CFDs on Corn
- Corn have an exponential growth recent month. but i expect a consolidation after it hit the 2.618 fib line(golden ratio fib) area just like in 29 may 2019.
- Bearish Divergence sighted but it could be negated if the indicators could rise in a same level as a previous level high.
- expect a golden ratio fib, EMA and SMA as a potential support and resistance line.

peace.
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