Despite coffee price recent sideways fluctuation, the frequent stability above 165.45 confirms its preparation to renew the positive action, to notice renewing the fluctuation near the MA55 at 173.40.
We assure the importance of gathering the additional positive momentum to manage to surpass the MA55 and open the way to achieve big gains that might extend towards 183.60 and 194.70 initially.
The expected trading range for today is between 169.00 and 180.00
The expected trend for today: Bullish