Sugar price provided new positive trades to test 18.00 level, keeping its stability below it until now, accompanied by witnessing negative signals through stochastic, waiting to motivate the price to resume the bearish wave that its next targets located at 17.60 followed by 17.00.
We should note that breaching 18.00 and holding above it will stop the suggested negative scenario and lead the price to turn to rise.
The expected trading range for today is between 17.50 support and 18.20 resistance
The expected trend for today: Bearish