COFFEE Futures close lower on Friday as it consolidated some of the rally off June's low. The lowrange close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI remain neutral to bullish signaling 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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