Copper price achieves the required break – Analysis – 23-6-2022

2022-06-23 05:45:55 GMT (Economies.com)
 

Copper price succeeded to resume its negative attack by breaking 50% Fibonacci correction level at 3.9300, to suffer additional losses by reaching 3.8500.

 

We expect to get more negative momentum to renew the negative attempts and move towards 3.8000 soon, followed by attempting to touch the next main target at 3.6800.

 

The expected trading range for today is between 3.9500 and 3.6800

 

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The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.0171
-0.0048
0.4712%
1.2102
-0.0003
0.0240%
20.121
-0.129
0.639%
86.835
-0.426
0.488%
92.34
-2.76
2.90%
1774.850
-6.835
0.384%
 
 
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