Midday update for Sugar price 15-01-2021

Economies.com
2021-01-15 10:46AM UTC

Sugar price faces temporary negative pressure to head towards potential test to 15.62 level, which represents the first protection factor to the continuation of the expected bullish trend for today, which gets continuous support by the EMA50, noting that our next main target reaches 16.63.

 

The expected trading range for today is between 15.80 support and 16.40 resistance

 

The expected trend for today: Bullish

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