Sugar price keeps its negative stability – Analysis - 02-12-2021
Economies.com
2021-12-02 05:28AM UTC
Sugar price settles below 18.70 level, to keep the negative pressure valid for the upcoming period, affected by the previously completed double top pattern, waiting to achieve the expected negative targets that start at 17.70 and extend to 16.80.
Note that the continuation of the bearish wave depends on the price stability below 18.70 and 19.16 levels.
The expected trading range for today is between 17.80 support and 18.70 resistance
The expected trend for today: Bearish
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