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NikolaiiLodenos
Jun 27, 2019 1:05 PM

SUGAR Dady or Mummy ?  Short

SugarOANDA

Description

It may be difficult to have a slice opinion on the evolution of the price of sugar. what i can say is that we are in bullish channel, but in fact it does not look too much like a bull flag, synonym of continuation of tandem. That is to say that we are still bearish on sugar. At court term we can come try the support 0.113 and 0.116 to bounce to join the resistance at 0.1258 consolidates above because we are on a good price compression. If the Diet Cola dominates the world and Nutella put less sugar in his step to spread out it will be good not to have enough momentum to break this resistance and also confirms a scenario decline. After the heat wave there will be more ice sold. In all because on this trend over several months there is time to prepare and intra-trade sugar.
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