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New York cocoa may fall to $2,140
- The second small wave labelled b ended around $2,140, which works as a target.
SINGAPORE: New York September cocoa may drop to $2,140 per tonne, as its bounce from the July 8 low of $2,092 may have completed.
The bounce consists of three waves.
The third wave labelled (c) could be broken down into three smaller waves.
The second small wave labelled b ended around $2,140, which works as a target.
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