- Major resistance - $16.10
- Major support - $15.65 (7 day EMA)
- Sugar has declined more than 2% yesterday after cane data from top grower Brazil showed a record cane crush at the high end of expectations for the first half of April.
- The commodity ahs declined till $15.65 after making a high of $16.09.
- Short term trend is slightly weak a decline till $15 is possible.
- Any break above $16.10 confirms continuation of bull trend a jump till $16.63/ $16.95/$16.75 is possible. The commodity should break above $16.63 for major trend reversal.
- The commodity minor support is around $15.65 and break below targets $15.35/$15/$14.30.
It is good to sell on rallies around $15.85 with SL around $16.15 for the TP of $15.35/$15


FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
GBPJPY Surges on Yen Weakness – Bullish Dip Buy Eyes 217
AUDJPY Rebounds on Yen Weakness – Bullish Buy Setup Above 112 Targets 115
AUDJPY Holds Firm Above 112 on Broad Yen Weakness: Buy Dips Toward 115
FxWirePro: GBP/AUD edges higher but bulls lack punch
FxWirePro: USD/CNY hovers near 3-1/2-year low ahead of U.S. data
FxWirePro: AUD/USD range bound ahead of RBA policy decision
NZDJPY Bullish at 365-EMA Support: Buy Dips Toward 95 Target
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD hits two-month low as oil prices rise
Major Pair Currency Score: GBPUSD and AUDUSD Extremely Bullish, NZDUSD Bullish
EURGBP Weakens After Doji – Bearish Bias Intact Below 0.8600, Sell Rallies
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
FxWirePro- Woodies pivot (Major) 



