Coffee closed higher due to short covering on Tuesday but remains below the 20-day moving average crossing. The high-range close sets the stage for a steady to higher opening on Wednesday. Stochastics and the RSI have turned bearish signalling that sideways to lower prices are possible near-term. If it extends Monday's decline, the reaction low crossing is the next downside target. Closes above the reaction high crossing are needed to renew the rally off April's low.