Coffee Versus the Dollar

Coffee has had very orderly bull and bear trends over the past 30 years.

Coffee futures KC1! plotted against DXY (log).

We can expect to see a retest of 2013 lows as the dollar continues to strengthen.

Ichimoku shows a strong downtrend with prices below the cloud.

Short target: $110.
*Further breach would may result in a test of the lower descending channel.