International Business Times
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July 18, 2012 1:47 PM GMT

HY Markets

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COFFEE Futures close lower on Tuesday and the midrange close sets the stage for a steady opening on Wednesday. Stochastics and the RSI are neutral to bearish hinting that a shortterm top might be in or is near. Closes below the 20day moving average crossing would temper the nearterm friendly outlook. If it extend this rally, April's high crossing is the next upside target.

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