Cocoa futures near a key technical resistance areaCocoa FuturesMARKETSCOM:COCOAMarketscomCOCOA futures have been trending lower, while trading within a falling channel pattern since around mid-May of this year. But we are near the upper bound of that channel. Let's see if it holds. Let us know what you think in the comments below. Thank you. 75.2% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Past performance is not necessarily indicative of future results. The value of investments may fall as well as rise and the investor may not get back the amount initially invested. This content is not intended for nor applicable to residents of the UK. Cryptocurrency CFDs and spread bets are restricted in the UK for all retail clients.