Price Analysis for Sugar Expected Scenario Sugar price resumed its negative trading to succeed touching our second target at 18.00$, and we expect the continuation of the bearish bias to visit the previously recorded low at 17.35$ as a next negative station. The EMA50 keeps supporting the suggested bearish wave, noting that breaching 18.90$ might push the price to attempt to recover and achieve intraday gains that target testing 19.82$ areas before any new attempt to decline. Expected Trading Range Between 17.80$ support and 18.60$ resistance

Trend Forecast: Bearish