Sugar price keeps its positive stability – Analysis - 25-05-2022
Economies.com
2022-05-25 04:11AM UTC
Sugar price attempted to break 19.72 level but it closed the daily candlestick above it, to keep the bullish trend scenario active until now, supported by stochastic and the EMA50 positivity, waiting to resume the bullish bias to achieve our positive targets that start at 20.00 followed by 20.63.
Note that the continuation of the bullish wave depends on the price stability above 19.72.
The expected trading range for today is between 19.60 support and 20.20 resistance
The expected trend for today: Bullish
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