• Sugar reversed from support zone
• Likely to rise to resistance level 16.55
Sugar recently reversed up from the support zone set between the key support level 15.00 (former resistance from December), lower daily Bollinger Band and the 61.8% Fibonacci correction of the previous extended upward impulse from September.
The upward reversal from this support zone started the active intermediate ABC corrective wave (B).
Sugar is likely to rise further toward the next resistance level 16.55 (top of the previous minor wave B from the middle of March).
AUDJPY: ⬆️ Buy - AUDJPY broke long-term resistance level 102.30 - Likely to rise to…
Aptos: ⬇️ Sell - Aptos testing major support at 1.688 - Likely to fall to…
Welcome to Pro News Flash! 💵 The U.S. dollar slips 🏆 Major stock indices struggle…
Solana: ⬇️ Sell - Solana reversed from resistance zone - Likely to fall to support…
EURAUD : ⬇️ Sell - EURAUD broke the support level 1.7600 - Likely to fall…
In 2026, experts favour the yen, see modest euro growth, and expect pressure on the…
This website uses cookies