CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Technical alert: Coffee

13:09 30 June 2020

Coffee has been trading in a sideways move recently. The price broke above the upper limit of the range yesterday, hinting at a bullish trend reversal. If the current sentiment prevails and price stays above the 100.00 handle, a bigger upward move could be on the cards. The area marked with a red colour is a mid-term resistance to watch, marked with the 50% Fibonacci retracement and previous price reactions.

Coffee D1 interval. Source: xStation5

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