Sugar price managed to breach the neckline of the inverted head and shoulders’ pattern, to get positive motive that we expect to assist to push the price to achieve more rise in the upcoming sessions, reminding you that the next targets reach 18.00 followed by 18.87.
The EMA50 supports the expected rise, which will remain valid conditioned by the price stability above 16.55.
The expected trading range for today is between 16.65 support and 17.10 resistance
The expected trend for today: Bullish