New York coffee may rise to $1.0195

• The resistance is identified as the 200pc projection level of a downward wave c from $1.3465.
• The next resistance will be at $1.0195, a break above which could open the way towards the range of $1.0370-$1.0625.

The resistance is identified as the 200pc projection level of a downward wave c from $1.3465.

The next resistance will be at $1.0195, a break above which could open the way towards the range of $1.0370-$1.0625.

A break below $0.9955, now a support, may cause a fall to $0.9830.