Copper price succeeded to regain the bearish bias by crawling below 2.7700 level recently, to move towards the second negative target at 2.7100, facing 50% Fibonacci correction level that might force the price to form some sideways fluctuations until breaking this barrier followed by resuming its negative attack that mainly targets 2.5500 in the upcoming period.
These factors confirm the continuation of the negativity, noting that it is important to hold below 2.7700 to form additional resistance against the current trades.
Expected trading range for today is between 2.7700 and 2.5500
Expected trend for today: Bearish