Midday update for Sugar price 11-01-2022

Economies.com
2022-01-11 10:58AM UTC

Sugar price trades with clear positivity to breach 17.70 level, which urges caution from the upcoming trading, as consolidating above this level will push the price to test 18.25 level initially before any new attempt to decline, while the price needs to trade below 17.70 again to resume the bearish trend that its next target located at 17.00.

 

The expected trading range for today is between 17.30 support and 18.00 resistance

 

The expected trend for today: Bearish

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