Price boost and upward momentum on Raw Sugar, after India declared that a downward revision on its sugar cane crush. Being the second largest manufacturer of sugar in the world, this news had a positive effect on the price of the raw material.
Both MACD and RSI are confirming the current trend. If it continues, the price might reach levels of 25.539
As a pivot point levels of 22.43 can be used, and if the price breaks below it, can test levels of 21.58
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Both MACD and RSI are confirming the current trend. If it continues, the price might reach levels of 25.539
As a pivot point levels of 22.43 can be used, and if the price breaks below it, can test levels of 21.58
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.