Sugar price settles at the bullish channel’s support line, while stochastic reaches the oversold areas, waiting to motivate the price to resume the main bullish trend, which targets 16.63 level as a next main station, reminding you that the continuation of the bullish wave requires holding above 15.35.
The expected trading range for today is between 15.20 support and 15.70 resistance
The expected trend for today: Bullish