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On July 17th, analysts at Economies have the latest opinion today: ICE raw sugar prices have reached and stabilized at our first target of 24.30, affected by the double bottom pattern, waiting for a further rise to reach 25.25.
Therefore, with the support of EMA50, we will remain bullish today, and the persistence of bullishness requires the price to stabilize above 23.50.
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Today’s expected trading range is between 24.00 support and 24.70 resistance.
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