Midday update for Sugar price 31-07-2020

Sugar price shows more of the upside moves to approach gradually from our main waited target at 12.86, reinforcing the expectations for the continuation of the bullish wave, depending on the stability above 12.16 level, pointing that breaching the targeted level will extend the bullish trend to reach 13.45 then 13.73 as next main station.

The expected trading range for today is between 12.10 support and 12.86 resistance

The expected trend for today: Bullish