Advertisements

Sugar Price Shows Signs of Recovery – Forecast for Today, June 13, 2024

by Jennifer

Sugar Price Analysis

Expected Scenario

Advertisements

Sugar price is witnessing a resurgence, reclaiming ground above the $18.90 level and setting its sights on further gains on an intraday basis, with the primary target set at $19.80.

Advertisements

Technical indicators are providing positive support to the price, enhancing the probability of sustaining the anticipated bullish trend. This bullish outlook remains contingent upon the price maintaining stability above the $18.90 threshold.

Expected Trading Range

The expected trading range is projected to be between the support level at $18.70 and the resistance level at $19.50.

Trend Forecast: Bullish

You May Also Like

blank

Bnher is a comprehensive futures portal. The main columns include futures market, futures exchanges, futures varieties, futures basic knowledge and other columns.

[Contact us: [email protected]]

© 2023 Copyright  bedgut.com – Futures Market, Investment, Trading & News