Sugar under pressure after the earlier breakout of strong the support level 11.75 (which has been reversing the price from January).
This breakout of the support level 11.75 should accelerate the active impulse wave C of the medium-term ABC correction (2) from October.
Sugar is expected to fall further and retest the next support level 11.00 (forecast price for the completion of the active impulse wave C).
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
This website uses cookies
