Sugar price keeps its stability above the main bearish channel’s breached resistance, and continues to move inside the bullish channel that carries trades from the beginning of this month, to keep the bullish trend scenario valid and active for today, supported by the EMA50, reminding you that our next targets begin at 13.52 and extend to 13.78, while achieving them requires holding above 13.383.
The expected trading range for today is between 13.38 support and 13.55 resistance
The expected trend for today: Bullish