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New York coffee may retest resistance at $2.9325

New York December coffee ICEUS:KC1! may retest resistance at $2.9325 per lb, as it has stabilised around a support at $2.8365 twice.The stabilisation indicates both the completion of a wave (c) from $3.1735 and the formation of a small double-bottom. A break above $2.9325 could confirm this pattern…

KC

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