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13th Feb - Coffee Recovers off Long Term 76.4% Support

13 February 2014

MONTHLY CHART –

CONTINUATION:

Note how clear support has

emerged from the long term

76.4% retracement level – a

recovery is now in process.

WEEKLY CHART –

CONTINUATION:

The late 2008 low was earlier

tested but combined with the

76.4% level above to halt the

2011/2013 downmove.

First resistance here comes from

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15th Feb - USD/CAD Pushing Against Next Resistance

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09th Feb - USD/CHF – Above Key Support / Below Long Term Resistance

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