New York coffee may fall into $1.02-$1.0420 range

Coffee failed twice to break this support, but may succeed this time. Resistance is at $1.0770, a break above
21 May, 2020
  • Coffee failed twice to break this support, but may succeed this time.
  • Resistance is at $1.0770, a break above which could lead to a gain to $1.0975.

The support is provided by the 114.6pc projection level on a downtrend from $1.2260. Coffee failed twice to break this support, but may succeed this time.

Resistance is at $1.0770, a break above which could lead to a gain to $1.0975.

Read Comments