Sugar price shows sideways trading and settles above 16.00 barrier, noticing that stochastic provides positive signals that we are waiting to motivate the price to resume the expected bullish trend for the upcoming period, which depends on the price stability above the mentioned level, reminding you that the waited targets begin at 17.00 followed by 17.50.
The expected trading range for today is between 15.90 support and 16.40 resistance
The expected trend for today: Bullish