Cotton - maybe this time?
In the long term it is no discussion, the trend is down. Also in the short term the trend is negative, but last week’s recovery was enough to reach the upper limit of the trend at 62,12 cents/lb.; if the market attacks this level with success, the passage towards 65,50-66,00 cents/lb would be open, with the possibility of a change of tendency.
More Commodity Analysis: swisscommodity.com
More Commodity Analysis: swisscommodity.com
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