Consolidation in place as KC moves Sideways. The longer it takes, stronger will be the break out to either direction. 0.93 - 0.98/lb.
Global economic situation remains the same. Lots of uncertainty under a oversupplied scenario when it comes to Coffee. Robusta is taking a harder hit as Europe embraces for an economic recession combined with Brexit.
KC drops so as USD x BRL.
I am currently out of KC. Waiting for a breakout to jump on it.
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