Sugar price continued to decline to reach few pips away from our waited target at 20.08$, noticing that the price begins to rebound bullishly to hint heading to build bullish wave on the intraday basis, motivated by stochastic positivity, waiting to head towards 21.35$ - 21.55$ areas mainly.
Therefore, the bullish bias will be expected for today unless breaking 20.08$ and holding with a daily close below it.
The expected trading range for today is between 20.25$ support and 21.00$ resistance
Trend forecast: Bullish
