Sugar price is recovering – Analysis - 16-09-2021
Economies.com
2021-09-16 04:31AM UTC
Sugar price rallied upwards strongly yesterday to breach 19.72 and settles above 20.00 barrier now, which leads the price to regain the main bullish trend and stop the bearish correction that dominated the recent trades.
Therefore, the bullish trend will be suggested for the upcoming sessions unless breaking 19.72 and holding below it.
The expected trading range for today is between 19.90 support and 20.60 resistance
The expected trend for today: Bullish
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