Copper price started to gather new positive momentum through stochastic rally near 50 level, attempting to reinforce the previously expected bullish overview, while we assure the importance of the stability of the bullish channel’s support around 3.0500 to increase the chances of resuming recording the positive targets that start at 3.2500 followed by reaching 3.3200 barrier.
Expected trading range for today is between 3.1000 and 3.2500
Expected trend for today: Bullish