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InvestingScope
Jun 5, 2018 6:10 AM

Break out point on 1D 

Corn FuturesCBOT

Description

After breaking the 1D Channel Up (Highs/Lows = -12.9821, MACD = -1.170), Corn just bounced off the first important support at 380. We will either see a strong rebound here (long with tight SL, TP = 392.40) or if 379 breaks, it will look for the 372.20 support (TP = 374).
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