Coffee price achieves some gains – Analysis – 13-4-2023

Economies.com
2023-04-13 06:12AM UTC

Coffee price ended the recent fluctuation by breaching the MA55 at 183.60, achieving some additional gains by reaching 190.95, to confirm its affection by the domination of the previously suggested bullish bias.

 

Facing strong positive pressures allows us to expect providing strong positive rally to press on 194.20 obstacle, while surpassing will push the price to record big gains by reaching 208.80.

 

The expected trading range for today is between 184.00 and 194.00

 

The expected trend for today: Bullish

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