The priority scenario of the wave structure is a continuation of the decline in the 4th wave with the target of $178, where the correction will end. These levels are attractive to buy. On the chart, we have displayed the reversal zone and options for the development of price movement with a blue and red dotted line.
COFFE FUTURES : Long trend is UP, but no entry for next week because there will be sideways
Coffe Futures will do sideways for 1-2 days, and then Bullish again
Coffee is on a low price, good entry for long position
The Coffee and the dollar The price is above a key support zone, between approximately 96.4 and around 95, it fails to recover because exports are in sharp decline as the currencies of the exporting countries are affected by this devaluation against majors like the US dollar, tending to limit sales so as not to lose too much. All of this, has caused exports fall...
cup and candle and maybe some nice returns seems to create on LTC / USD ... we will watch
KT1 Coffe Futures Buy in important Support .