The trend in coffee is pointing higher. As long as the bid from last night can hold price above 145 cents/pound we are looking to break new ground to the upside aiming towards 156c/lb as the closest area of resistance. Time for another short term balance trade
from Tools feed https://www.tradingfloor.com/posts/coffee-may-be-too-hot-or-just-brewing-nicely-7928039?utm_medium=tf4-feed&utm_source=extract
Coffee may be too hot or just brewing nicely
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