Sugar price finds solid support – Analysis - 30-06-2020
Economies.com
2020-06-30 04:50AM UTC
Sugar price found difficulty to break 11.45, to rebound bullishly and head towards potential visit to 12.16 in the upcoming sessions, supported by stochastic positivity, making the bullish bias expected for today, and it needs to surpass the EMA50 to confirm continuing the rise.
On the other hand, we should note that breaking 11.45 will stop the suggested rise and press on the price to achieve additional negative targets that start at 11.00 followed by 10.60.
The expected trading range for today is between 11.45 support and 12.16 resistance
The expected trend for today: Bullish
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