Coffee price got rid of the negative pressures by providing new positive close above the bullish channel’s support line at 233.50, to support the previously suggested bullish attempts and record 240.10.
The price needs new positive momentum to manage to renew the bullish attempts and start recording the main targets by rallying towards 244.20 followed by attempting to press on the additional barrier at 252.80.
The expected trading range for today is between 234.00 and 244.20
The expected trend for today: Bullish