I thought coffee had broken out in mid-December,but it pulled back sharply,partly perhaps due to the strength in the dollar.However it seems to have formed another low around the the natural time cycle of the winter solstice and a 4th attempt to break out seems to be occurring.4th attempts are usually successful.The measured breakout target would be 176.A "normal" 90 day move would take it up into end March,the Spring equinox,so if we do b reak out this date might be worth watching.
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