Sugar price reached our first waited target at 16.85 now, expecting to break this level to open the way to head towards 16.45 as a next main target, to keep the bearish trend suggested on the intraday and short term basis unless the price rallied to breach 17.40 and hold above it.
The expected trading range for today is between 16.80 support and 17.30 resistance
The expected trend for today: Bearish