Coffee price keeps the bullish track – Analysis – 8-2-2022

Economies.com
2022-02-08 05:02AM UTC

No change to coffee price bullish track until this moment, as it keeps fluctuating within the minor bullish channel, to depend on the stability of 233.50 support line and the consolidation of the moving average 55 near this support to confirm confining trades within the bullish track, waiting to achieve the positive targets at 249.50 and 254.80.

 

The expected trading range for today is between 236.00 and 249.50

 

The expected trend for today: Bullish

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