Sugar price below the moving average – Analysis - 30-11-2020
Economies.com
2020-11-30 05:16AM UTC
Sugar price settles below the EMA50, to keep the negative pressure valid for the upcoming period, waiting to head towards 14.00 followed by 13.84 levels that represent our main negative targets, reminding you that the continuation of the expected bearish wave depends on the price stability below 14.90.
The expected trading range for today is between 14.30 support and 14.65 resistance
The expected trend for today: Bearish
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