• Sugar reversed from resistance zone
• Likely to fall to support level 17.50
Sugar recently reversed down from the resistance zone lying between the key multi-month resistance level 18.85 (which stopped the sharp uptrend in February) and the upper daily Bollinger Band.
The downward reversal from this resistance zone created the daily Bearish Engulfing – which started the active corrective wave (ii).
Sugar can be expected to fall further toward the next support level 17.50 (target for the completion of the active corrective wave (ii).).
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
