Copper without any change – Analysis – 24-4-2017

There is no change on copper price trading by its stability below the critical resistance at 2.6000 to confirm the continuation of the bearish bias domination, the intraday sideways trading due to the contradiction between the indicators to keep waiting for gathering new negative momentum, then begins to record the expected targets that begin at 2.4300 reaching to 2.3100 level to form the main target in the near and medium period.

Expected trading range for today is between 2.5500 and 2.4300

Expected trend for today: bearish.