Sugar price tested 17.40 level again and keeps its stability below it until now, to keep the bearish trend valid and active for the upcoming period, which depends on the price stability below the mentioned level, supported by the EMA50, reminding you that our expected targets begin at 16.85 and extend to 16.45 after surpassing the previous level.
The expected trading range for today is between 16.80 support and 17.30 resistance
The expected trend for today: Bearish