US Coffee C Futures

in coffee •  7 years ago 

I am keeping an eye on coffee due to its steep price increases. There is a weakening trend here and consolidation within a small range is the norm at the moment. There is significant potential on the downside currently.

My expectation, a wedge break-out upwards for the down-sloping larger trend-line followed by retracement and possible downwards breakout for sub-$100 prices.

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