Copper continues with negativity – Analysis – 28/7/2015
Economies.com
2015-07-28 07:17AM UTC
Copper price continues to offer negative closings below 2.5500, to confirm the negative domination for the upcoming period, waiting to reach our main target at 2.1500 that forms the main support of the bearish channel, while we should note that there is a chance to fluctuate within sideways range in the near term trading due to stochastic attempt to exit the oversold areas until getting the required momentum to resume the bearish attempts.
Expected trading range for today is between 2.5000 and 2.2500
Expected trend for today: Bearish
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