Mar-21 #5 world white sugar has kept to a three-week range after rallying from late December through mid-January. The contract tested its Jan. 18 contract high on Tuesday but instead dipped slightly lower Tuesday and Wednesday.

Support may be above $459, $454, and $450, with resistance above $467. RSI is bearish, and MACD neutral. The stochastic remains bullish.

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Monthly nearby #5 world white sugar

Source: DTN
Posted by: Information Services
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