Monday, September 15, 2014

NY coffee remains neutral in $1.81-$1.8650 range

NY coffee remains neutral in $1.81-$1.8650 range




SINGAPORE: New York December coffee still looks neutral in a range of $1.81-$1.8650 per lb, and an escape will point a direction.
The range has been formed by the 61.8 percent and the 50 percent Fibonacci retracements on the rise from the July 15 low of $1.6310 to the Sept. 2 high of $2.0995.
A...

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