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9.11. 15:00_Cocoa_SHORT

Cocoa Short. Cocoa follows half-monthly trends. The current downward trend is bounded by a resistance line, which forms a natural boundary for the next possible rise. The current above-average upward movement is the last move of long speculators. CA analysts believe that the situation in Ghana and Côte d’Ivoire will further weaken the market.

Graph and table source: WebTrader


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