Sugar Price Analysis Expected Scenario Sugar price provided negative trades yesterday to test the intraday bullish channels support line that appears on the chart, affected by stochastic negativity, waiting to resume the expected bullish trend on the intraday basis, which its targets begin by testing 19.82$, reminding you that breaching this level will extend the bullish wave to reach 20.55$ followed by 21.35$. The EMA50 keeps supporting the suggested bullish wave, which will remain valid conditioned by the price stability above 18.90$. Expected Trading Range Between 19.25$ support and 20.00$ resistance.

Trend Forecast: Bullish