Coffee price keeps the negativity – Analysis – 10-3-2022

Economies.com
2022-03-10 04:00AM UTC

Coffee price kept its stability within the bearish track, to notice its fluctuation below the moving average 55 that forms additional barrier at 236.00, also, stochastic exit from the overbought aeras confirms getting rid of the positive pressures and provides chances to renew the negative attempts, to expect moving towards 221.00 followed by reaching the next main target at 211.30.

 

The expected trading range for today is between 233.00 and 221.00

 

The expected trend for today: Bearish

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