SOFTS-Raw sugar has its biggest tumble in 11 months, cocoa drops – Reuters Africa

SOFTS-Raw sugar has its biggest tumble in 11 months, cocoa dropsReuters AfricaRaw sugar futures fell to their session low in early New York trade in a 50-point slide within one minute of falling below the 100-day moving average and of a 50 percent Fibonacci retracement to the Jan. 5 low from the Oct. 9 high. Sell-stops triggered …Raw sugar has its biggest tumble in 11 monthsB…SOFTS-Raw sugar has its biggest tumble in 11 months, cocoa drops – Reuters Africa

To see the best arise from your investment, stay in line with currency trends. A currency might appear oversold, however as long as it hasn’t reached major support level, it remains a good investment option. Sticking to trends will keep you from losing substantial amounts of cash, and will keep your revenues strong.

Check more on Fibonacci Retracement

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