Sugar Price Analysis Bearish Wave Continues Sugar price surpassed our second waited target at 20.50$ and settled below it, supporting the continuation of the bearish wave.

Expected Scenarios The EMA50 forms continuous negative pressure to support the suggested negative scenario. The scenario remains valid conditioned by the price stability below 21.35$. Trading Range The expected trading range for today is between support at 19.70$ and resistance at 20.50$.

Trend forecast: Bearish