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Sugar price keeps declining – Forecast today - 18-04-2024
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Sugar price keeps declining – Forecast today - 18-04-2024
Apr 17, 2024 10:08 PM

Price Analysis: Sugar Expected Scenario The sugar price shows more bearish bias, approaching the 19.00$ barrier, supporting the continuation of the bearish wave. There are additional negative targets starting at 18.50$ and extending to 17.35$. We expect to witness further decline in the upcoming sessions unless there is a breach of 19.82$ and a daily close above it. Expected Outcome The expected trading range for today is between 18.80$ support and 19.40$ resistance.

Trend Forecast: Bearish

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