Sugar Price Analysis Expected Scenario Sugar price traded with clear negativity yesterday, to surpass our first waited target at 19.00$ and confirm opening the way to achieve more negative targets, noting that our next station is located at 18.00$.

Therefore, we will continue to suggest the bearish trend for the upcoming period, supported by the negative pressure formed by the EMA50, noting that breaching 19.82$ will stop the expected decline and lead the price to turn to rise.

Expected Trading Range Between the support at 18.00$ and the resistance at 18.90$

Trend Forecast: Bearish