SINGAPORE: New York September coffee may extend its gains into a range of $1.10-$1.1230 per lb.

The contract is riding on a wave c from $0.9630, which has travelled far above its 100pc projection level at $1.0620.

Chances are it may extend into a range of $1.10-$1.1230.

A further correction from the current level may be limited to $1.0620.