Copper touches the first target – Analysis – 27-12-2017
Economies.com
2017-12-27 09:51AM UTC
Copper price hinted the affection of the bullish bias domination by reaching the first target at 3.2500, attempting to renew the chances of recording more targets by crawling towards 3.2850, while the price might be forced to show intraday sideways trades due to stochastic attempt to exit the overbought areas, but its stability within the main bullish channel allows us to wait to gather new positive momentum to manage to reach the main target at 3.3600.
Expected trading range for today is between 3.2000 and 3.3600
Expected trend for today: Bullish
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