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.
Today’s expected trading range is between 24.00 support and 24.70 resistance.