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Important price line being approached by CORN MAY 2022. This price has been tested numerous times before.

CORN MAY 2022 is moving towards a line of 726.7500 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If CORN MAY 2022 continues in its current trajectory, we may see it move towards 726.7500 within the next 3 days.

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We expect NG to trend upwards today with a 71.43% chance.

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