Sugar price tests the resistance – Analysis - 18-01-2022
Economies.com
2022-01-18 05:23AM UTC
Sugar price fluctuates near the key resistance 18.25, and the price needs to hold below this level to keep the bearish trend valid and active for the upcoming period, as breaching it will lead the price to start recovery attempts and regain the main bullish trend again, while the expected negative targets begin at 17.70 and extend to 17.00.
The expected trading range for today is between 17.70 support and 18.30 resistance
The expected trend for today: Overall bearish
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