![](https://tradablepatterns.com/wp-content/uploads/2023/05/kc-arabica-coffee-technical-analysis-10-150x150.jpg)
Arabica Coffee (KC) slid more than 1.5% yesterday, getting rejected at the 4hr chart downchannel resistance. KC is increasingly vulnerable to extending the slide since the April high. In the unlikely event that KC breaks above the May high today, odds would dramatically increase for a reclaiming of the psychologically key 2 whole figure level sometime in May…