This/Next Week Forecast (November 23 – 27, 2020)
The uptrend may be expected to continue, while market is trading above support level 72, which will be followed by reaching resistance level 75.40.
An downtrend will start as soon, as the market drops below support level 72, which will be followed by moving down to support level 68.
previous week cotton price forecast chart
Difference between supply and demand showing fair price on the level 64 – 66.