Copper begins to rise – Analysis – 29-9-2017
Economies.com
2017-09-29 08:23AM UTC
Copper price showed positive signal yesterday by rallying towards 2.9900 and confirm the affection by the bullish bias domination, also, the consolidation above 2.8600 initial support confirms renewing the bullish attempts to keep waiting to reach 3.0800, and breaching this level will extend trading towards the next target at 3.3750.
Stochastic rally above 50 level forms the main factor to be released from the sideways range domination and resume the positivity by providing the required positive momentum.
Expected trading range for today is between 2.9000 and 3.0800
Expected trend for today: Bullish
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