Coffee price might decline temporarily – Analysis – 13-1-2022
Economies.com
2022-01-13 05:58AM UTC
Coffee price repeated the negative closings below 242.00 barrier, to hinder the bullish attempts and force it to form new correctional bearish rebound, also, stochastic exit from the overbought areas will increase the negative pressures to expect resuming the temporary correctional bearish track that might target 236.10 followed by 231.40 levels.
The expected trading range for today is between 242.00 and 231.40
The expected trend for today: Bearish
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