Forex

Coffee contracts price begins recording the negative targets – Analysis – 3-12-2018

2018-12-03 07:43:51 GMT (Economies.com)

Coffee contracts price started to form new negative trades recently, hinting the affection by bearish bias domination, noticing recording the first target by reaching 107.30, while the price consolidation within the bearish channel and getting continuous negative momentum by the major indicators allow us to suggest more negative attempts that target 102.60 followed by reaching 92.65 support line.

 

Expected trading range for today is between 113.80 and 102.60

 

Expected trend for today: Bearish

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