Live Updates > Live Update Details
2025-10-28 16:55:38
[Analyst: Technical analysis of New York coffee futures shows that the support level is facing a test] ⑴ New York December coffee futures may test the support level of $3.8340 per pound, and after breaking through, it may fall to $3.7050. ⑵ The market showed strong bearish momentum, falling sharply from $4.8310. ⑶ Although the 61.8% retracement level of $3.8340 is expected to form strong support, it is still uncertain whether the decline will stop at this level. ⑷ After the price stabilizes, it may rebound to $3.9385. ⑸ The key resistance level is $4.0050, and after breaking through, it may rise to the range of $4.0860 to $4.1510.
