Copper begins with strong positivity – Analysis – 16-10-2017
Economies.com
2017-10-16 07:55AM UTC
Copper price opened today's trading with strong positivity to breach 3.1800 level that formed the first target of the bullish bias, while the price stability within the bullish channel allows us to suggest more positive attempts until reaching 3.4000 resistance.
Stochastic continues to provide the required momentum to resume the positivity by consolidating within the overbought areas to increase the chances of reaching the waited main target.
Expected trading range for today is between 3.1600 and 3.4000
Expected trend for today: Bullish
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