NY coffee may end correction above support at $1.0115 per lb.
New York December coffee may end its correction above a support at $1.0115 per lb, and retest a resistance at $1.0360. The resistance is identified as the 50 percent retracement of the downtrend from $1.1375 to $0.9340. Except for a sudden fall from the Sept. 11 high of $1.0470, there has not been any reversal signal. The...
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