Copper price attacks the moving average – Analysis – 21-11-2022
Economies.com
2022-11-21 05:33AM UTC
Copper price achieved the negative target at 3.5900, to press on the moving average 55 in order to find a way to resume the correctional decline for now, as the negative stability below 3.700 and stochastic continuous negative momentum will increase the chances of reaching 50% Fibonacci correction level at 3.4900, followed by monitoring the price behavior to manage to detect the next trend.
The expected trading range for today is between 3.6500 and 3.5000
The expected trend for today: Bearish
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