Sugar price provided mixed trades yesterday, as it rose to approach 19.40 level, but it bounced downwards quickly to settle at 19.00, to keep the bearish trend scenario active, and the price needs to break the last level to rally towards 18.70 followed by 18.40 levels mainly.
Therefore, our bearish overview will remain valid unless breaching 19.40 and holding above it.
The expected trading range for today is between 18.40 support and 19.40 resistance
The expected trend for today: Bearish