Coffee futures prices outlook february 27 2012

Coffee futures prices outlook february 27 2012 ; COFFEE Futures closed higher on Friday as it extended the trading range of the past six days. The midrange close sets the stage for a steady opening on Monday. Stochastics and the RSI are turning neutral to bullish signalling that sideways to higher prices are possible nearterm. Closes above the 20day moving average crossing would confirm that a shortterm low has been posted. If it extends the decline off January's high, weekly support crossing is the next downside target.

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