Sugar price resumes the decline – Forecast today - 26-04-2024
Economies.com
2024-04-26 03:58AM UTC
Sugar Price Analysis
Expected Scenario
- Sugar price has resumed its negative trades, moving away from the 19.82$ level.
- This reinforces the expectations of continuing the bearish trend on the intraday and short-term basis.
- It is waiting to test 18.50$, representing the first target, with the possibility of further decline towards 17.35$.
Expected Trading Range
Between the support at 19.60$ and the resistance at 19.40$.
Trend Forecast: Bearish
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