COFFEE News

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Last Updated Date: 12 May 2021 @ 10:06 AM (UTC)
*Please note that all the dates are in GMT time zone

Overall the Coffee market is bearish with a downside breakout likely sending trade to attack a 146.30. A close under 146.30 is bearish ⇒ 140.15. Current corrective rebounds trapped by 151.65  will maintain bear forces. However, a punch over last week’s high alerts for a possible flip to bottoming trade. A close over 153.45 confirms the start of a reversing upturn.

 
 
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