Sugar price attempts positively – Forecast today - 19-03-2024
Economies.com
2024-03-19 02:24AM UTC
Sugar price provided new positive trades yesterday but it returned to test the EMA50 that continues to form good support against the price, and as long as the price is above 21.35, our bullish overview will remain valid on the intraday basis, waiting to gather positive momentum that assist to push the price to achieve our main expected target at 22.60.
The expected trading range for today is between 21.70 support and 22.50 resistance
Trend forecast: Bullish
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