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NY coffee may fall into $1.0870-$1.1035 range

  • Resistance is at $1.13, established by a falling channel, a break above which may lead to a gain limited to $1.1395.
Published August 11, 2020

SINGAPORE: New York September coffee may fall into a range of $1.0870-$1.1035 per lb, driven by a wave c.

The is wave started at $1.1715. It is capable of travelling into a range of $1.0350-$1.0870, formed by its 100pc and 61.8pc projection levels.

Resistance is at $1.13, established by a falling channel, a break above which may lead to a gain limited to $1.1395.

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