Is “big money” posturing for a second cup of coffee?

Market Pulse: July 16

Fundamentals

So, this coming week we will want to see coffee’s price action close above and stay above $1.85 as it may test $1.90. News from Brazil showing their wet weather is damaging the quality of its crop helped drop Coffee this week. Continued added buying and selling by “big money” will get coffee prices to do just that. We will see if the July 20 report confirms these moves. Ha a prosperous trading week. 



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