Coffee closed higher on Thursday breaking out above the trading range of the past five weeks. The high-range close sets the stage for a steady to higher opening on Thursday. Stochastics and the RSI are bullish signalling that sideways to higher prices are possible near-term. If it extends today's rally, June's high crossing is the next upside target. Closes below the 20-day moving average crossing would temper the near-term friendly outlook.