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New York December coffee may fall into a range of $2.6915-$2.7265 per lb, as it has broken a support at $2.7560. The break confirmed a bearish expanding wedge and the target zone. The wedge indicates a target of $2.6915 as well. The downside may not be limited to this level, as based on the preceding fall from $2.9275,
TradingView News says ICEUS KC1! has broken support at $2.7560, confirming a bearish expanding wedge with a target zone of $2.6915–$2.7265 per lb and a wedge-indicated target of $2.6915.