Copper awaits the breach – Analysis – 9-10-2017

Despite Copper price frequent positive attempts, but the stability of 3.0800 barrier continues to block the waited positive release, expecting to provide intraday sideways fluctuation until managing to breach the current barrier and open the way to resume recording the positive targets that might begin at 3.1800 followed by reaching the bullish channel's resistance at 3.4000.

Stochastic repeats the attempts to settle within the overbought areas to confirm supporting the bullish attempts, allowing the price to gain the required momentum to achieve the breach and reach the waited targets.

Expected trading range for today is between 2.9600 and 3.1800

Expected trend for today: Bullish