Coffee price ended its recent bullish rally by facing key barrier at 236.50, to hinder resuming the bullish attack and notice bouncing towards 233.40, noting that the moving average 55 continues to form additional support near 228.00, and stochastic fluctuates above 50 level, which support the bullish overview, to keep waiting to breach the mentioned barrier and open the way to reach 242.20 and 248.70 levels.
The expected trading range for today is between 230.00 and 242.00
The expected trend for today: Bullish