Coffee Traders' Forum - A Discussion about Coffee Futures Trading
Coffee Traders Discussion Forum
The strong support of KCK18 x USDBRL = 385.00
What struck me today was the large number of contracts traded. A total volume of 83,300 contracts (I removed this information from the barchart). I'd like someone to confirm. Today I noticed something different. I felt a lot of firmness in the market today, when the real was in a great devaluation. Robusta coffee in London was also very positive. Is the market preparing to rise before testing the lower supports?