Sugar price breaks the support – Analysis - 07-12-2022
Economies.com
2022-12-07 04:53AM UTC
Sugar price broke 19.40 level strongly and settled below it, which supports the continuation of our bearish overview efficiently for the upcoming sessions, opening the way to achieve our negative targets that start at 18.70 and extend to 18.40.
Therefore, we will continue to suggest the bearish trend conditioned by the price stability below 19.00 and the most important below 19.40.
The expected trading range for today is between 18.40 support and 19.20 resistance
The expected trend for today: Bearish
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