Midday update for Sugar price 22-01-2020
Economies.com
2020-01-22 11:16AM UTC
Sugar price rallied upwards clearly to move away from the previously breached resistance of the bullish pennant pattern, which supports the continuation of our bullish overview efficiently for the rest of the day, and the way is open to visit 15.00 level that represents our next main station, reminding you that the continuation of the bullish wave requires holding above 14.14.
The expected trading range for today is between 14.30 support and 14.70 resistance
The expected trend for today: Bullish
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