Midday update for Sugar price 02-12-2020

Economies.com
2020-12-02 10:37AM UTC

Sugar price continues to press on the main bullish channel’s support line in attempt to break it, which supports the continuation of our bearish overview that targets 13.84 as a next main station, waiting for more decline for the rest of the day conditioned by the price stability below 14.50.

 

The expected trading range for today is between 13.84 support and 14.50 resistance

 

The expected trend for today: Bearish

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