New York coffee may end fall in $0.9495-$0.9520 range

The range is formed by the 86.4pc retracement of the uptrend from $0.9340 to $1.0495 and the 100pc projection level
10 Oct, 2019
  • The range is formed by the 86.4pc retracement of the uptrend from $0.9340 to $1.0495 and the 100pc projection level of a downward wave c from $1.0290.
  • This wave seems to be completing around $0.9520.

The range is formed by the 86.4pc retracement of the uptrend from $0.9340 to $1.0495 and the 100pc projection level of a downward wave c from $1.0290.

This wave seems to be completing around $0.9520.

A break above $0.9615 may lead to a gain to $0.97 while a break below $0.9495 could cause a fall to $0.9340.

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