Sugar price trades are confined within tight track in the previous sessions, keeping its stability below 19.16, to keep the bearish trend scenario valid and active for the upcoming period, supported by the negative pressure formed by the EMA50, reminding you that we are waiting to visit 18.70 followed by 18.25 levels as next main stations.
The expected trading range for today is between 18.50 support and 19.16 resistance
The expected trend for today: Bearish