Sugar price ended yesterday positively to settle above the bullish channel’s support line again, which supports the continuation of our bullish overview, motivated by the positive signal provided by stochastic, waiting for more rise to visit 13.73 level as a next main target.
Therefore, our bullish overview will remain valid and active conditioned by the price stability above 12.86.
The expected trading range for today is between 13.00 support and 13.73 resistance
The expected trend for today: Bullish