Coffee price surrendered to the negative pressures by providing a new negative close below the broken support level at 277.00, suffering some losses by reaching 264.45 level.
Gathering the negative momentum is important to renew the bearish attempts, which might target 256.10 level, reaching the next main target at 233.30, while the attempt of regaining the bullish trend requires forming a strong bullish rally to settle above 294.65.
The expected trading range for today is between 256.10 and 280.00
Trend forecast: Bearish
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The EURJPY pair activated with stochastic positivity, to notice providing some bullish waves, to settle at 185.55, note that the repeated stability below the barrier at 185.80 confirms the bearish corrective scenario, to keep waiting for gathering negative momentum, to begin targeting corrective stations by reaching 184.80 to press on 184.30 barrier.
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