Copper repeats the sideways stability – Analysis – 16-3-2018

Economies.com
2018-03-16 09:51AM UTC

Copper price showed clear stability above the bullish channel’s support at 3.0700, affected by the sideways bias domination until this moment, while in general, no change to the bullish overview that conditions the stability within the bullish channel to expect gathering strong positive momentum to start recording the main targets at 3.2000 followed by 3.3200.

 

Expected trading range for today is between 3.0700 and 3.2000

 

Expected trend for today: Bullish

 

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