COFFEE Futures close higher on Friday and is poised to extend the rally off June's low. The highrange close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI are neutral to bullish signalling that sideways to higher prices are possible nearterm. If it extend this rally, April's high crossing is the next upside target. Closes below the 20day moving average crossing would temper the nearterm friendly outlook.
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