SINGAPORE: New York July coffee may retreat to $0.9630 per lb, as it failed to break a resistance at $1.0025.

The resistance is provided by the 150pc projection level on a downtrend from $1.2260.

The bounce triggered by the support at $0.9485 may have ended, or the first round of the bounce ended.

A break above $1.0025 could lead to a gain to $1.02.