Sugar price settles above the support – Analysis - 21-07-2021
Economies.com
2021-07-21 04:41AM UTC
Sugar price returned to hold above 17.40, to reactivate the bullish trend scenario on the intraday and short term basis, waiting to head towards 18.20 as a next main target.
Stochastic provides positive signals that support the chances of heading towards the mentioned target, noting that holding above 17.40 is important to continue the expected rise.
The expected trading range for today is between 17.25 support and 17.90 resistance
The expected trend for today: Bullish
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