Coffee price repeats the negative fluctuation – Analysis – 26-5-2022

Economies.com
2022-05-26 05:23AM UTC

Coffee price repeated forming negative trades, to press on the initial support 211.50 as appears on the chart, reminding you that the bearish scenario will remain valid as long as 237.00 barrier remains intact, to expect gathering the negative momentum and resuming the decline by crawling below the current support and reach the negative stations at 204.00 and 197.40.

 

The expected trading range for today is between 222.00 and 204.00

 

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The expected trend for today: Bearish

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