Coffee Technical Daily Outlook 9/17

By International Business Times,  September 17, 2012, 04:29:26 AM EDT

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COFFEE Futures close higher on Friday and the lowrange close sets the stage for a steady to lower opening on Friday. Stochastics and the RSI are overbought but remain bullish signaling that sideways to higher prices are possible nearterm. If it extends this week's rally, July's high crossing is the next upside target.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

Referenced Stocks:



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