Coffee Price Analysis Expected Scenario The coffee price succeeded to gather the extra positive momentum, to keep its stability above the moving average 55 at 195.60, to notice forming a strong bullish rally, to hit the main initial target at 218.90. The continuation of providing positive momentum by the main indicators will increase the chances for surpassing the current obstacle, to open the way towards achieving new gains that might extend to 222.60 initially, reaching the resistance of the bullish channel near 229.00. Expected Trading Range Between 213.20 support and 222.60 resistance.

Trend Forecast: Bullish