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Sugar prices experienced a significant rally yesterday, surpassing the $19.60 mark and reaching $20.04, where they ultimately settled. Analysts anticipate continued upward momentum, with a potential target of $20.76 in the near future. The bullish trend is expected to persist on an intraday basis, unless prices fall below $20.04 and close daily under this level.
Today’s trading range is projected between $20.00 as support and $20.80 as resistance.
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