US COFFEE CFD close lower on Wednesday as it extends the decline off October's high. The lowrange close sets the stage for a steady to lower opening on Thursday. Stochastics and the RSI are neutral to bullish hinting that a low might be in or is near. Closes above the 20day moving average crossing are needed to confirm that a shortterm low has been posted. If it extends the decline off October's high, June's low crossing is the next downside target.
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