Copper awaits the momentum – Analysis – 7-8-2017

Economies.com
2017-08-07 07:49AM UTC

No news for Copper price by facing negative pressures by stochastic stability below 50 level, which decelerates the bullish rally, to keep providing sideways trading as appears in the above image, reminding you that the stability of the price generally above the support at 2.7400 supports the positive attempts in the upcoming period, to keep waiting for gathering new positive momentum, to resume recording the targets that begin at 2.9500 reaching to 3.1000 level.

 

Expected trading range for today is between 2.7750 and 2.9500

 

Expected trend for today: Bullish

 

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