Coffee price begins with strong positive action – Analysis – 9-6-2023
Economies.com
2023-06-09 08:06AM UTC
Coffee price opened today with strong positive action to notice its rally above the MA55 again and record clear gains by reaching 195.60.
The main stability within the minor bullish channel that appears on the chart in addition to the major indicators that provide the positive momentum allow us to suggest more rise, to target 201.20 followed by reaching 213.00 resistance line.
The expected trading range for today is between 185.00 and 201.20
The expected trend for today: Bullish
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