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TECHNICALS — New York coffee may fall into $2.9110 — $2.94 range

For more technical analyses, please click TECH/C SINGAPORE, Oct 15 (Reuters) — New York December coffee may fall into a range of $2.9110-$2.94 per lb, driven by wave c. The fall from $3.0845 consists of three waves. The third wave, the current wave c, is expected to travel into a range of $2.8815-$2.94, formed by its 61.8% and the 38.2% projection levels. Resistance is at $2.9990, a break above which may lead to a gain into the $3.0350-$3.0845 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 Wang Tao; Editing by Priyanka G) ((wang.tao@tr.com; +65 6973 8364/9188 4196 (Whatsapp)

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