Comments: Without any weather treath , the path of least resistance is downwards.All technical indicators support this move down.A close under 2.38 (KCU1) will confirm the weakness , indicating a test of 2.25 +-.
DESK
Jul 27, 2011
Coffee Update July 27th 2011- Cold fronts didn´t threaten coffee belt so far , noone in sight neither.
Coffee Update July 27th 2011- Cold fronts didn´t threaten the coffee belt so far , noone in sight neither.
Comments: Without any weather treath , the path of least resistance is downwards.All technical indicators support this move down.A close under 2.38 (KCU1) will confirm the weakness , indicating a test of 2.25 +-.
Comments: Without any weather treath , the path of least resistance is downwards.All technical indicators support this move down.A close under 2.38 (KCU1) will confirm the weakness , indicating a test of 2.25 +-.
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