Copper price begins positively – Analysis – 26-7-2021

Economies.com
2021-07-26 05:16AM UTC

Copper price begins today with strong positivity due to the rally above 4.4100 barrier, attempting to resume the main bullish attack, caused by its consolidation within the main bullish channel.

 

Also, stochastic provides the positive momentum by reaching the overbought areas, to increase the chances of forming new bullish rally soon, expecting to target 4.5100 followed by 4.6400 levels.

 

The expected trading range for today is between 4.3800 and 4.5100

 

The expected trend for today: Bullish

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