Sugar price awaits the break – Forecast today – 30-10-2024
Sugar price continues to fluctuate at 21.55$ level, waiting to break this level to confirm the continuation of the bearish trend in the upcoming period, noting that stochastic loses its positive momentum to support the chances of achieving the required break.
Sugar price continues to fluctuate at 21.55$ level, waiting to break this level to confirm the continuation of the bearish trend in the upcoming period, noting that stochastic loses its positive momentum to support the chances of achieving the required break.
Therefore, the bearish trend will remain suggested on the intraday basis, reminding you that our next targets start at 20.80$ and extend to 20.08$, while achieving them requires holding below 22.15$.
The expected trading range for today is between 21.30$ support and 22.00$ resistance
Trend forecast: Bearish
Source Link : https://www.economies.com/commodities/analysis/sugar-price-awaits-the-break-%E2%80%93-forecast-today—30-10-2024-113325
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