Copper price repeats its fluctuation in sideways range due to its neediness to the bullish momentum to settle at 2.6500 level, reminding you that the bullish scenario depends on the stability of the support at 2.6200, supported by the stability of the moving average 55 near it, therefore, we will keep waiting for renewing the bullish attack and begin to record the targets that begin at 2.7200 reaching to 2.800.
Stochastic decline to the oversold level easing the way towards surpassing the negative pressures, to begin gathering the positive momentum to reinforce the expected positive domination.
Expected trading range for today is between 2.6200 and 2.7200
Expected trend for today: bullish