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Coffee posted a key reversal down due to profit taking on Monday after posting a new high for the year. The low-range close sets the stage for a steady to lower opening on Tuesday. Stochastics and the RSI remain bullish signalling that sideways to higher prices are possible near-term. If it extends this year's rally, monthly resistance crossing is the next upside target. Closes below the 20-day moving average crossing would temper the near-term friendly outlook.