Flubberpants
Short

Coffee Versus the Dollar

ICEUSA:KC1!   Coffee
126 0 2
Coffee             has had very orderly bull and bear trends over the past 30 years.

Coffee             futures KC1!             plotted against DXY             (log).

We can expect to see a retest of 2013 lows as the dollar continues to strengthen.

Ichimoku shows a strong downtrend with prices below the cloud.

Short target: $110.
*Further breach would may result in a test of the lower descending channel.


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