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NY coffee may extend gains into $1.10-$1.1230 range
- The contract is riding on a wave c from $0.9630, which has travelled far above its 100pc projection level at $1.0620.
SINGAPORE: New York September coffee may extend its gains into a range of $1.10-$1.1230 per lb.
The contract is riding on a wave c from $0.9630, which has travelled far above its 100pc projection level at $1.0620.
Chances are it may extend into a range of $1.10-$1.1230.
A further correction from the current level may be limited to $1.0620.
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