Midday update for Sugar price 27-01-2020
Economies.com
2020-01-27 11:16AM UTC
Sugar price trades with strong negativity to break 14.14 level and settles below it now, which turns the intraday track to decline, to start bearish correction that its targets begin at 14.00 and extend to 13.53 after surpassing the previous level.
Therefore, the bearish bias will be expected for the upcoming period unless breaching 14.14 level and holding above it again.
The expected trading range for today is between 13.85 support and 14.20 resistance
The expected trend for today: Bearish
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