Sugar price succeeded to touch our first target at 17.50 and attempts to breach it, to support the expectations of continuing the bullish trend in the upcoming period, which its next target reaches 18.00.
The EMA50 continues to support the suggested bullish wave, which will remain valid and active conditioned by the price stability above 16.80.
The expected trading range for today is between 17.30 support and 17.80 resistance
The expected trend for today: Bullish