Sugar price attempts to recover – Analysis - 27-05-2022
Economies.com
2022-05-27 04:24AM UTC
Sugar price ended yesterday positively to approach 19.72 level, and as long as the price is below this level, the bearish trend scenario will remain active, waiting to head towards 19.16 as a first main target.
Note that breaching 19.72 and holding above it will lead the price to resume the main bullish trend again.
The expected trading range for today is between 19.16 support and 19.90 resistance
The expected trend for today: Bearish
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