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On June 21, analysts at Economies have the latest opinion today: ICE raw sugar prices show a stable bullish bias, stabilizing around the 26.00 level, waiting to gain upward momentum to push prices to continue to rise and head to our next target of 26.80.
Overall, the uptrend will continue for some time to come unless 25.25 is breached and the decline continues, and it is worth noting that EMA50 continues to support the suggested bullish wave.
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Today’s expected trading range is between 25.70 support and 26.60 resistance.
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