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Thursday, May 8, 2014

US COFFEE UPDATE - 8 May 2014

Coffee Has violated support 198 and cracked below 196 - Daily trend indicating bearish momentum in play targeting 189.8 however weekly and monthly trend is firm bullish 

we are revising our target 222 to 228 - 230 , It isn't mandatory for coffee prices to test 190, so it can spike / bounce anytime - may be from current levels also

Now @ 196.20

If get downside level add more pos
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