Sugar Price Analysis Expected Scenario Sugar price bounced bearishly after a temporary rise, approaching the 18.00$ barrier. We await a break of this level to confirm the extension of the bearish wave towards 17.35$.

Therefore, we continue to suggest a bearish trend for the upcoming period, supported by the negative pressure from the EMA50. Breaking 18.90$ will lead to price recovery towards 19.82$ before any new negative attempt.

Expected Trading Range Between the support at 17.80$ and the resistance at 18.40$.

Trend Forecast: Bearish