Copper price attempts to reach the resistance – Analysis – 20-9-2018
Economies.com
2018-09-20 06:54AM UTC
Copper price hinted keeping the bullish bias domination by providing clear stability above 2.7100 level, to increase the chances of moving towards 2.7700 resistance, noticing that stochastic begins to provide new positive momentum that agrees the positive stability until reaching the near target.
We should note that the continuous positive pressures might push the price to breach the current resistance, to confirm the preparation to build new main bullish bias, to target many positive levels that might start at 2.8000 followed by 2.8660.
Expected trading range for today is between 2.7150 and 2.7700
Expected trend for today: Bullish
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