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Cotton Futures Lower for Eighth Day in a Row

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After a failed attempt to reach the 79 handle off the open, trading as high as 78.98, Cotton futures have made another new low for the recent move. Since breaching Monday's low (78.52), the contract has reached 78.32. The contract is trading at its lowest level since June 3, when it bottomed at 77.47.

Posted-In: Futures Technicals Commodities Intraday Update Markets Trading Ideas

 

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