Copper price achieves the first target – Analysis – 6-1-2021

Economies.com
2021-01-06 06:31AM UTC

Copper price succeeded to reach the first positive target at 3.6400 yesterday, confirming surrendering to the domination of the bullish bias, reminding you that the frequent stability above the bullish channel’s support line at 3.5400 will increase the chances of resuming the bullish attack, to expect moving towards 3.7150 followed by extending trades towards the main target at 3.7880.

 

The expected trading range for today is between 3.5800 and 3.7000

 

The expected trend for today: Bullish

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