Sugar price faces negative pressure now to head towards potential test to the key support 17.40, and as we mentioned in our recent reports, the price needs to hold above this level to keep the bullish trend active for the upcoming period, supported by the EMA50 that meets the mentioned support to add more strength to it, noting that our next main target is located at 18.20.
The expected trading range for today is between 17.50 support and 18.20 resistance
The expected trend for today: Bullish