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TFC Commodity Trading Forum

Sept Coffee/ Holding the Breakout! *PIC*

Sept Coffee broke back up over 260 and is holding above as support. Price bounced off this support area today with a higher rally high. Price is now trapped between support at 260 and resistance at 277. Very impressive price action lately with the June selloff finding support at the Fib 38.2% retracement point and 200ema.