Bullish Cup and Handle on Sugar Long

Sugar No. 11 FuturesICEUS

Description

⋅ Jun 16, 2020 9:24 PM

A bullish pattern, a cup and handle, is formed on the Sugar daily chart. Important will be a close above $ 12.30. The first target in the area $ 13.35-13.60, the second one in the area $ 14.40-14.85. The fundamental analysis agrees with the pattern.