Copper price continued to provide negative trades recently to reach 2.6300 target, facing the bullish channel’s support line that appears on the chart, while the upcoming overview depends on the stability above this support to expect renewing the bullish attempts and target 2.7200 initially.
On the other hand, declining below the current major support will confirm moving into new negative track to suffer big losses by moving towards 2.5800 and 2.5370 levels.
The expected trading range for today is between 2.6300 and 2.6800
The expected trend for today: Bullish