Sugar breaks a 3 day downtrend, goes up to $26.2

During a 3 day fall, dropping a total of 1.65%, (61.9999 cents), Friday may indicate a change of direction; Sugar rose 20 cents to close at $26.2 per pound Friday which makes for a move of 0.69%.

Friday's price action generated a Japanese candlestick pattern showing 'Bullish Harami' is a candlestick chart indicator used for detecting reversals in an existing bear trend. It is generally indicated by a small price increase that's contained within a broader downward price movement and is commonly associated with a bearish trend coming to an end.

Rallies can also be seen in other Softs, Cotton is trading around $80.36 after ending Friday's session at $79.62 (up 0.93% today).

At the same time, Cocoa lost 0.87% Friday and closed at $3,003.

The ICE Sugar future has fallen back around 2.33% from the significant high of $26.64 set 4 days ago.