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Coffee- Resistance Moves Lower

Coffee- Resistance Moves Lower

June 14, 2017

The price of coffee has been making lower highs and lower lows since November 2016 and it has been making lower highs since 2011. In my latest piece for Seeking Alpha, I point out that technical resistance in ICE Arabica coffee futures has been moving lower and outline reasons why risk-reward is starting to favor the upside in the traditionally volatile commodity that is languishing near recent lows.

Article: Coffee- Resistance Moves Lower

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