Coffee price awaits the breach – Analysis – 20-1-2022
Economies.com
2022-01-20 06:44AM UTC
Coffee price is confined within tight sideways track represented by the additional support 236.30 and 246.00 resistance that forms solid obstacle against the attempt to resume the main bullish attack.
We remind you that the stability within the bullish channel and stochastic positive momentum signals allows us to wait to breach the mentioned resistance to manage to record new positive targets that might start at 250.50 and 258.05.
The expected trading range for today is between 240.00 and 246.00
The expected trend for today: Sideways
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