Sugar price confirms the keeps its negative stability – Analysis - 22-09-2021

2021-09-22 04:26:22 GMT (Economies.com)
 

Sugar price keeps its stability below 19.72, to keep the negative pressure valid, supported by the EMA50 that pushes the price downwards, waiting to visit 19.16 mainly.

 

Note that breaching 19.72 and holding above it will stop the suggested negative scenario and lead the price to resume the main bullish trend again.

 

The expected trading range for today is between 19.20 support and 19.80 resistance

 

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1606
0.0036
0.3139%
1.3751
0.0123
0.9053%
Tadawul
11773.36
25.09
0.21%
23.335
0.700
3.090%
82.022
0.902
1.112%
84.86
0.86
1.02%
1767.855
13.150
0.749%
 
 
Live Forex Updates