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Coffee price repeats the negative closes – Forecast today – 14-7-2025
AI Summary
- Coffee price attempting to retest critical support level near 296.00
- Waiting for price to gather negative momentum to target 273.00 level
- Forecasting a bearish trend with expected trading range between 273.00 and 293.00
The Coffee price attempted to retest the broken critical support level, which forms an important resistance near 296.00 level, to increase the chances of forming new bearish trading in the near and medium period.
Therefore, we will keep waiting for the price success to gather the required negative momentum to attack 273.00 level and breaking it will extend the trading directly to 61.8%Fibonacci correction level at 258.20.
The expected trading range for today is between 273.00 and 293.00
Trend forecast: Bearish
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