Note : Coffee prices are likely to rise. The price flow is very stable. It seems that someone is managing the price well. If my prediction is right, resistances (targets) could be 1627 and 2007. Support could be 1290. If they break out 2110 and secure that line, there will be a high possibility of a very big move. As said many times, commodity prices will rise very high in 2021-2025, and coffee will be one of them.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.