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Fazora

Sugar no. 11 heading to resistance then a retrace is anticipated

Short
Sugar Cash Contract (PEPPERSTONE:SUGAR)  
Fazora  
PEPPERSTONE:SUGAR   Sugar Cash Contract
Volume Beyond Technical Analysis
1
0
volumestudies beyondta
Raw sugar prices raises as Oil prices raises and manufacturers prefer producing ethanol over sugar. Next resistance at the mentioned level then a bull back or correction is most likely to happen. Oil has to fill the huge gap and that might be the time.
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