Copper price attempts to renew the positivity – Analysis – 23-6-2020
Economies.com
2020-06-23 05:08AM UTC
Copper price formed new bullish wave yesterday to surpass 2.6200 barrier and hint the preparation to resume the bullish correction in the near term and medium term period.
Stochastic attempt to crawl towards the overbought areas will increase the chances of gathering the positive momentum to manage to reach 2.7100 level soon, followed by waiting to reach the bearish channel’s resistance at 2.8000.
The expected trading range for today is between 2.6000 and 2.7100
The expected trend for today: Bullish
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