Sugar price resumes the rise – Analysis - 19-10-2020

Economies.com
2020-10-19 04:18AM UTC

Sugar price provided clear positive trades on last Friday to approach the recently recorded top at 14.48, waiting for more rise to surpass this level and rally towards our next positive target that reaches 15.14.

 

Therefore, our bullish overview will remain valid and active for the upcoming period unless breaking 13.73 level and holding below it.

 

The expected trading range for today is between 14.20 support and 14.60 resistance

 

The expected trend for today: Bullish

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