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NY coffee could retest resistance at $1.1185

  • This is the third wave of a presumed irregular flat from the Sept. 23 low of $1.0905.
Published October 1, 2020 Updated October 1, 2020 04:11pm
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SINGAPORE: New York December coffee could retest resistance at $1.1185 per lb, driven by a wave c.

This is the third wave of a presumed irregular flat from the Sept. 23 low of $1.0905.

This wave is capable of travelling to $1.15.

Support is at $1.0980, a break below which could cause a fall to $1.0870.