Coffee Prices Remain Bullish, Support Levels Indicate Positive Momentum

by Yuki

Coffee prices are maintaining a bullish trend, consistently consolidating within an upward channel. The support line is currently holding near $211.60, while frequent fluctuations above the additional support level of $220.00 reinforce the ongoing positive momentum. Market watchers should anticipate a continuation of this trend, with potential price targets set around $246.10 and $260.20.

For today, the anticipated trading range for coffee is between $222.00 and $246.10.

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