Copper provides positive stability – Analysis – 12-1-2017
Economies.com
2017-01-12 08:49AM UTC
Copper price provided slow trading to keep its bullish stability above 2.5700 level, affected by the positivity of the main indicators, therefore, we will keep our bullish suggestion that targets 2.7300 level, and surpassing it will extend the trading towards achieving new targets that begin at 2.9500.
Stochastic attempt to settle within the overbought level increases the positive pressure and provides strong bullish momentum, to confirm the attempt to reach the suggested targets.
Expected trading range for today is between 2.5700 and 2.7300
Expected trend for today: bullish.
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