Sugar Price Analysis Expected Scenario Sugar price provided more negative trades yesterday to approach the second waited target at 18.00$, affected by stochastic positivity to show some temporary bullish bias, while the EMA50 continues to press negatively on the price, to support the continuation of the bearish wave in the upcoming period. Note that surpassing the above-mentioned level will push the price towards 17.35$ as a next negative target, while the bearish trend will remain valid unless breaching 19.82$ and holding above it. Expected Trading Range Between 18.30$ support and 19.10$ resistance.

Trend Forecast: Bearish