Sugar price tests the resistance – Analysis - 13-05-2022
Economies.com
2022-05-13 04:30AM UTC
Sugar price ended yesterday with clear positivity to test the key resistance 18.70, and as long as the price is below this level, our bearish overview will remain valid and active for the upcoming period, supported by the negative pressure formed by the EMA50, reminding you that our next targets begin at 18.25 and extend to 17.70 after breaking the previous level.
The expected trading range for today is between 18.20 support and 18.90 resistance
The expected trend for today: Bearish
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