Copper price attacks the resistance – Analysis – 22-2-2021
Economies.com
2021-02-22 06:00AM UTC
Copper price kept its bullish track to notice reaching the bullish channel’s resistance at 4.1800, which formed the second target of the bullish bias, expecting to witness some sideways fluctuation until breaching this resistance and attempt to record new targets that might start at 4.2300 followed by 4.4160.
The frequent stability above the additional support 3.8810 and stochastic positive signals agree the bullish overview, to keep waiting to reach the mentioned additional targets.
The expected trading range for today is between 4.0650 and 4.2000
The expected trend for today: Bullish
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