Copper price awaits the breach – Analysis – 8-2-2019
Economies.com
2019-02-08 08:15AM UTC
Copper price still affected by the stability of 2.8450 barrier, to block the main bullish attack, expecting to form additional sideways fluctuations, assuring the importance of the bullish channel’s support line stability above 2.7520 until gathering new positive momentum to rally towards additional targets by reaching 2.9360 and 3.0300 levels.
Until achieving the breach, we should note that there is a chance to limit trading between the above mentioned barriers.
The expected trading range for today is between 2.7600 and 2.8400
The expected trend for today: Sideways
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