CHICAGO, Nov. 28 (Xinhua) -- CBOT agricultural futures continued the upside trend in the past week as the U.S. dollar index closed below key support at 92.00 on Friday.
The immediate downside price target for the U.S. dollar index is the 2018 lows at 88.00 with a 2021 downside target of 80.00. Chicago-based research company AgResource predicted any modest corrections will be a chance for traders to secure breaks into yearend. World commodity values are forecast to peak in mid-2021, and being long of raw materials is a developing investment trend for 2021.