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Copper price achieves the required break – Analysis – 23-6-2022
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
The expected trend for today: Bearish
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