NY coffee may hover above $1.00 per lb.
| Position | New York |
New York December coffee may hover above $1.00 per lb, or bounce to $1.0260, as suggested by a retracement analysis.
The support is identified as the 50 percent retracement of the uptrend from $0.95 to $1.0495. Coffee failed twice to break this support. The failures suggest that the fall from $1.0495 could have completed. Coffee will...
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