EarlHoldings

Sugar breakout at 18300 into a 4 year high. Next stop 19000.

Long
OANDA:SUGARUSD   CFDs on Sugar
Sugar has resumed its tear upward after a dip last month. It has now surpassed highs not seen for 4 years and is encountering some resistance from old levels around 18500. Should it surpass this, then 19000 and 20000 are in sight. Soft commodities also benefiting from dollar weakness and inflation.

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