Copper price achieves the breach – Analysis – 28-12-2021

Economies.com
2021-12-28 05:16AM UTC

Copper price succeeded to renew the bullish track by confirming breaching 4.3600 barrier, to manage to achieve clear gains by reaching 4.4745 and record the first target suggested in the previous report.

 

We notice that stochastic keeps providing the positive momentum, to increase the efficiency of the bullish track, expecting to target new positive stations that might extend towards 4.5200 followed by 4.6200 levels.

 

The expected trading range for today is between 4.3800 and 4.5200

 

The expected trend for today: Bullish

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