Midday update for Sugar price 22-06-2022

Economies.com
2022-06-22 09:16AM UTC

Sugar price resumed its negative trading strongly to break 18.70 and support the continuation of the expected bearish trend scenario on the intraday and short term basis, opening the way to visit 18.25 that represents our next target, reminding you that the continuation of the bearish wave that depends on the stability below 18.70 and the most important below 19.16.

 

The expected trading range for today is between 18.20 support and 19.00 resistance

 

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The expected trend for today: Bearish

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