Coffee contracts price confirmed surrendering to the bullish bias domination by rallying above 118.95 barrier recently, to notice forming strong bullish wave and record 124.45.
Also, stochastic begins to form bullish wave to increase the chances of gathering the additional positive momentum, to expect targeting new positive levels that might start at 128.80 followed by 134.40.
The expected trading range for today is between 119.00 and 126.80
The expected trend for today: Bullish