Coffee contracts price keeps the positive stability – Analysis – 5-5-2021
Economies.com
2021-05-05 06:05AM UTC
Coffee contracts’ price ended its recent bullish rally by recording 147.15 level, followed by bouncing towards the additional support at 139.00, noting that stochastic attempt to crawl towards the overbought areas will increase the chances of gathering the positive momentum, to assist to reinforce the continuation of the positivity that targets 145.10 followed by 153.00 levels.
The expected trading range for today is between 137.50 and 145.10
The expected trend for today: Bullish
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