March 2010 Coffee Futures

March ICE Arabica (KCAH0) Coffee:
The picture is mixed, with a slightly bullish bias for the short-term.
Remaining above 137 will keep KCAH0 positioned to continue higher, and challenge 145, then 146.85.

Invalidation: On the other hand, a close below 137 would signal a decline towards 133.05. At that point, a close below 133 would open the door to a decline towards 130, then 128.05

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