TECHNICALS — New York coffee may test resistance at $2.93

For more technical analyses, please click TECH/C SINGAPORE, Oct 13 (Reuters) — New York December coffee may test a resistance at $2.93 per lb, a break above which may lead to a gain into the $2.9595-$2.9885 range. The market managed to hover above a key support at $2.8450, the 61.8% retracement of the uptrend from $2.6975 to $3.0835. It has broken the resistance at $2.8905 as well, the 50% level. The break opened the way toward $2.9360. Another retracement analysis on the fall from $3.0835 reveals a lower resistance at $2.93, the 38.2% level. The support is at $2.8715, a break below which may trigger a fall into the $2.8350-$2.8450 range. The coffee report is published twice a week on Tuesday and Thursday. * Wang Tao is a Reuters market analyst for commodities and energy technicals. The views expressed are his own. His analyses are exclusively published on the Workspace platform - a London Stock Exchange product. * No information in this analysis should be considered business, financial or legal advice. Each reader should consult their own professional or other advisers for business, financial, or legal advice regarding the products mentioned in the analyses.​ tech (Reporting by Wa