Cotton Technical analysis

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Cotton has recovered from the previous support level of 62.500, rising above 66.000. If the bullish trend in the commodity continues, the price could rise toward the resistance level of 69.000. A retracement to 65.000 may be plausible before the bullish move.



However, if the bullishness is not confirmed, the support level of 62.500 could potentially be tested again.
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