Coffee price continues to rise – Analysis – 30-7-2020
Economies.com
2020-07-30 05:24AM UTC
Coffee contracts’ price reinforced the domination of the bullish bias by moving away from the key support 106.40 for today, to notice recording new targets by reaching 112.20, while stochastic reach to the overbought areas recently will increase the chances of gathering the additional momentum that will allow the price to record more targets, starting from 114.70 and 119.00.
The expected trading range for today is between 109.00 and 114.70
The expected trend for today: Bullish
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