Sugar price keeps its negative stability – Analysis - 03-04-2020
Economies.com
2020-04-03 05:06AM UTC
Sugar price attempted to breach 10.40 level yesterday but it ended trades below it, to keep the bearish trend scenario active for the upcoming period, which its next main target located at 9.70.
The EMA50 continues to support the suggested bearish wave, reminding you that breaching 10.40 might push the price to achieve intraday gains that reach 11.55 before any new attempt to decline.
The expected trading range for today is between 9.70 support and 10.60 resistance
The expected trend for today: Bearish
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