Copper resumes achieving targets – Analysis – 28-12-2017

Economies.com
2017-12-28 09:42AM UTC

Copper price kept its positive stability above 3.2500 level, confirming the preparation to achieve more positive targets in the near term and medium term period, expecting to gather new positive momentum by reaching the bullish channel's resistance at 3.5200.

 

Stochastic continues to support the positive attempts by settling within the overbought areas, to ease the attempt of gathering the additional momentum and reach the waited target.

 

Expected trading range for today is between 3.2500 and 3.5200

 

Expected trend for today: Bullish

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