Copper price began to respond to the negative pressures by forming a new bearish wave, approaching from the initial negative target at 2.5500, reminding you that the negative scenario depends on the stability of the resistance at 2.6200 besides providing repeated negative pressures from the main indicators, which increases the chances for reaching the next station by hitting 2.4660 level in the near and medium period.
The expected trading range for today is between 2.6000 and 2.5000
The expected trend for today: Bearish