NY coffee may may slide.

Byline: S. Kamal Hayder Kazmi

New York May coffee may slide into a range of $0.9295-$0.9375 per lb, as suggested by a projection analysis and a falling channel.

The range is formed by the 314.6 percent and the 300 percent projection levels of a downtrend from the Feb. 1 high of $1.1010.

Currently, the trend is developing within a falling channel...

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