Coffee price keeps the positivity – Analysis – 24-9-2021

Economies.com
2021-09-24 08:11AM UTC

Coffee price succeeded to face the negative pressures caused by stochastic sharp decline towards 20 level, to notice its consolidation above the additional support 180.20.

 

The price forms bullish wave now to hint surrendering to the main bullish attempts, to expect gathering the positive momentum and reach 194.00 direct, while surpassing this obstacle will push the price to record additional targets that might extend towards 202.00 and 212.30.

 

The expected trading range for today is between 183.50 and 194.00

 

The expected trend for today: Bullish

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