Sugar price shows bullish bias now to move above the intraday bearish channel’s resistance line, waiting to trade below this resistance to resume the expected negative scenario for the upcoming period.
In general, the bearish trend will remain suggested for today conditioned by the price stability below 10.52, reminding you that our next main target is located at 9.70.
The expected trading range for today is between 9.85 support and 10.60 resistance
The expected trend for today: Bearish