3 Jun 2020 ● 05:25 AM
Looking at long term charts if you consider 3=1 from the recent low near 70, and a long term channel from 2002 they to go 780 and 1170 respectively. The larger upside is predicated on the sugar cycle
Sugar prices are in very early stages o turning higher and 2 previous attepts failed however prices go back to the same level find support and start up again. The ending pattern longer term should mean that this time is final.