Coffee price achieves big gains – Analysis – 2-6-2022
Economies.com
2022-06-02 05:11AM UTC
Coffee price faced strong positive pressures recently, to assist to hold above the additional support at 211.00 and notice forming strong positive waves to surpass 236.50 barrier.
The continuous positive momentum coming by the major indicators and the attempt of 233.00 level to form additional support assist to confirm the domination of the bullish bias for the near term and medium term period, to expect reaching 244.50 and 258.00 levels.
The expected trading range for today is between 235.00 and 244.50
The expected trend for today: Bullish
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