Coffee price resumes the rise – Analysis – 1-9-2021
Economies.com
2021-09-01 04:14AM UTC
Coffee price succeeded to confirm the continuation of the positivity due to its stability above 176.60 support line, to notice recording big targets by reaching 201.00.
We expect 188.30 level to form additional support, and stochastic continues to provide the positive momentum, to form new bullish waves to attempt to reach 214.20 top in order to find a way to resume the bullish attack in the upcoming period.
The expected trading range for today is between 188.60 and 205.00
The expected trend for today: Bullish
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