Sugar price crawls upwards – Analysis - 13-08-2020
Economies.com
2020-08-13 04:42AM UTC
Sugar price trades with calm positivity to settle above 13.00 barrier, which supports our expectations of continuing the bullish trend on the intraday and short term basis, and the way is open to head towards our next main target at 13.73.
The EMA50 keeps supporting the suggested bullish wave, which will remain valid and active unless breaking 12.86 level and holding below it.
The expected trading range for today is between 12.86 support and 13.60 resistance
The expected trend for today: Bullish
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