Copper price continued to provide new negative trading to keep the expected correctional bearish bias, reminding you that the main target is located around 2.8600, to face 50% Fibonacci correction level for the decline from 3.7870 to 1.9340.
Stochastic forms new negative wave to ease the attempt to gather additional negative momentum, noting that breaking 2.8600 will extend losses to touch the bullish channel's support at 2.7700.
Expected trading range for today is between 2.9500 and 2.8600
Expected trend for today: Bearish