Coffee Traders' Forum - A Discussion about Coffee Futures Trading
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Thank you Nagual.
Certainly seems to be headed there. Very deep market as Tango has pointed out, still the sellers are present keeping the pressure on. TAS again well offered, re-balance related, and while being a psychological weight on this market as it has all week, expect it to be bid later in the day.
12145= 1.381% of yesterdays TR.
Current range produces 12155 as today's intra day 1.618%.
SO we see some traffic forming in that vicinity in terms of support.