Sugar Price Analysis Expected Scenario Sugar price attempted to breach the 21.35$ level but maintained daily close stability below it. Keeping the bearish trend scenario valid and active for the upcoming period, waiting to visit 21.00$ followed by 20.50$ levels as next main targets. Expected Outcome Holding below 21.35$ is a key condition for the continuation of the expected decline.
Breaching it represents a positive factor that will lead the price to start recovery attempts and head to achieve gains.
Expected Trading Range Between 20.70$ support and 21.35$ resistance.
Trend Forecast: Bearish