Sugar price decreased significantly yesterday to approach its target at 13.88, as the negative effect of the double top pattern whose features appear in the image continues, noting that breaking the mentioned level will push the price to visit the next correction level that reaches 13.44.
Generally, we expect the bearish bias to continue dominating during the upcoming sessions unless 14.43 then 14.57 levels are breached and stability above it.
The expected trading range for today is between 13.88 support and 14.43 resistance
Expected trend for today: Downside
