Comments
New York March sugar may break a support at 20.10 cents per lb and fall more towards the next support at 19.67 cents, as suggested by its wave pattern and a Fibonacci retracement analysis. The deep fall on Thursday suggests a continuation of the downtrend from the Feb. 6 high of 21.49 cents. The support at 20.10 cents has been tested five times on the hourly chart, chances are it may be broken this time.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.