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Monday, March 30, 2015

Coffee Fresh Update after low 132.93





Coffee daily technicals - though 2 indicators Stochastics SCO & CCI have approached the support channel but we can see a gap to be filled by RSI. Trend still remains bearish targeting 130.60 - 130 - 129.25

Fresh Resis & best sell level @ 135 - 136.60, below 133.40 target 130 is Intact!! Above 133.50 prices may test 135 - 136.60 before 130 so traders can utilise the opportunity to sell if get 135 avg 136.60 target 130

Now @ 133.48

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