Sugar Price Analysis Sugar price settles around the EMA50. Price stability below 22.20$ level keeps the bearish trend scenario valid. Main target is located at 21.35$. Breaking the mentioned level will lead to further losses on the longer-term basis. Bearish trend will remain dominant unless price breaches 22.20$ followed by 22.60$ levels and holds above them. The expected trading range for today is between 21.50$ support and 22.20$ resistance.

Trend forecast: Bearish