Copper resists the negative pressures – Analysis – 4-8-2017

Economies.com
2017-08-04 08:19AM UTC

Copper price continues to resist the negative pressures that comes from stochastic below 50 level, to confirm the continuation of the bullish bias domination, the stability of the initial support at 2.7750 to support the attempt of achieving the initial target at 2.9500, then wait for achieving more of the positive levels that begin at 3.1000.

 

Expected trading range for today is between 2.7750.00 and 2.9500

 

Expected trend for today: bullish.

 

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