Sugar price confirms the break – Analysis - 21-09-2021
Economies.com
2021-09-21 04:08AM UTC
Sugar price confirmed breaking 19.72 level after ending yesterday below it, to support the expectations to decline in the upcoming sessions, waiting to test 19.16 level initially, noting that breaking this level will push the price to 18.70 as a next negative station.
The EMA50 supports the expected decline, which will remain valid unless breaching 19.72 and holding above it again.
The expected trading range for today is between 19.20 support and 19.70 resistance
The expected trend for today: Bearish
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