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Sugar price is stable – Forecast today - 05-04-2024
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Sugar price is stable – Forecast today - 05-04-2024
Apr 4, 2024 7:56 PM

Sugar Price Analysis Expected Scenario Sugar price didnt show any strong move yesterday, maintaining stability below the 22.20$ level. As a result, the bearish outlook remains unchanged, targeting 21.35$ as the next main station. Breaking 22.00$ will facilitate reaching the awaited target. The continuation of the bearish wave depends on price stability below 22.20$ and, most importantly, below 22.60$. Expected Trading Range Between 21.50$ support and 22.20$ resistance. Trend Forecast: Bearish

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