Commodities

Midday update for Sugar price 26-10-2020

2020-10-26 09:19:41 GMT (Economies.com)

Sugar price trades negatively to press on the bullish trend line, and as we mentioned in our recent reports, the price needs to hold above this support at 14.35 to keep the bullish trend scenario active for the upcoming period, which targets 15.14 as a next positive station, noting that confirming breaking the mentioned support will press on the price to visit 13.73 before any new positive attempt.

 

The expected trading range for today is between 14.40 support and 15.00 resistance

 

The expected trend for today: Bullish

 

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