KC(coffee futures)- mystifying rally, demand

    Posted by EdZ on 25th of Mar 2020 at 10:26 am

    KC(coffee futures)- mystifying rally, demand is weak, lots of supply and currency oriented moves here - there is a strike in Brazil which is temporary, looking for lower prices into 105s, 122s need to break to start the move.

    Almost at it's 62% retracement.

    Posted by racerick on 25th of Mar 2020 at 10:32 am

    Almost at it's 62% retracement. Commercials aren't very short however.

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