Cotton has been fairly range bound after its fall from grace in 2011.
If the wedge continues through the long term downward resistance, I see difficulties breaking above 0.9445 with the possibility to short into 0.5707
Watch levels around 0.8601 to confirm downward movement.
If the wedge continues through the long term downward resistance, I see difficulties breaking above 0.9445 with the possibility to short into 0.5707
Watch levels around 0.8601 to confirm downward movement.
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