Copper price moves slowly since the last trading by its stability near 2.9250 level, reminding you that the price stability within the bullish channel’s levels and above the main support at 2.7700 assists to confirm the bullish bias domination for the near and medium period trading.
Which makes us wait for gathering strong positive momentum that allows it to breach the barrier near 3.0800, to begin recording new positive targets by its rally to 3.200 and 3.3600.
Expected trading range for today is between 2.8600 and 3.0800
Expected trend for today: Bullish