Sugar Price Analysis Bullish Scenario Sugar price finds difficulty to surpass the neckline of the double bottom pattern. EMA50 forms good support to stop the decline and support the chances of resuming positive trades. Waiting to surpass 22.20$ to activate the positive effect and rally towards positive targets. Positive Targets Positive targets start at 22.60$ and extend to 23.80$.

Bearish Scenario Continued bullish trend conditioned by the price stability above 21.35$.

Trading Range The expected trading range for today is between 21.80$ support and 22.50$ resistance.

Trend forecast: Bullish