Coffee - Daily - For all you coffee lovers.
Trade Alert
Coffee is sitting at a quite important level, where it is currently getting held within a small range. We need to see a nice break through one of the sides in order to determine a near-term direction.
A move back above the 118.00 level could open the door towards recent higher levels. Good potential areas of resistance to watch are 120.20 or even 120.80.
A break below the 115.30 level, marked by the lows of April this year, could open the path towards the lowest point of March 2016 at a 113.40
This is building up to be a good potential trade.
Don't forget your stops.
Coffee is sitting at a quite important level, where it is currently getting held within a small range. We need to see a nice break through one of the sides in order to determine a near-term direction.
A move back above the 118.00 level could open the door towards recent higher levels. Good potential areas of resistance to watch are 120.20 or even 120.80.
A break below the 115.30 level, marked by the lows of April this year, could open the path towards the lowest point of March 2016 at a 113.40
This is building up to be a good potential trade.
Don't forget your stops.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.