Midday update for Sugar price 16-05-2022

Economies.com
2022-05-16 09:43AM UTC

Sugar price opened today’s trading with strong positivity to breach 19.16 level, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, targeting 19.72 level as a next positive station, to keep the positive scenario active for the rest of the day unless breaking 19.16 and holding with a daily close below it.

 

The expected trading range for today is between 18.90 support and 19.70 resistance

 

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The expected trend for today: Bullish

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