Midday update for Sugar price 22-09-2020
Economies.com
2020-09-22 09:14AM UTC
Sugar price shows calm positive trades in attempt to return to the bullish channel, while stochastic attempts to gain the positive momentum on the four hours’ time frame, waiting to motivate the price to provide more bullish bias and head towards our main expected target at 13.73.
Therefore, the bullish trend scenario will remain active unless breaking 12.86 and holding below it.
The expected trading range for today is between 12.86 support and 13.50 resistance
The expected trend for today: Bullish
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