Sugar price resumes the rise – Analysis - 08-03-2021
Economies.com
2021-03-08 05:05AM UTC
Sugar price resumed its positive trading to move above the main bullish channel’s support line again, which supports the continuation of our bullish overview, paving the way to head towards our positive targets that start at 17.00 and extend to 17.50.
We should note that breaking 16.00 will stop the expected rise and press on the price to turn to decline.
The expected trading range for today is between 16.15 support and 16.55 resistance
The expected trend for today: Bullish
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