Copper price colored green – Analysis – 25-3-2020

Economies.com
2020-03-25 08:08AM UTC

Copper price kept its positive stability above 2.0700 level, to confirm surrendering to the correctional bullish bias domination by reaching the first target at 1.2100, expecting to gather new positive momentum to move towards 2.2960 barrier direct, followed by monitoring the price behavior until confirming the next main trend.

 

We remind you that succeeding to crawl below 2.0700 again will push the price back to the negative track, reminding you that the main targets located around 2.000 and 1.9200.

 

The expected trading range for today is between 2.1250 and 1.1960

 

The expected trend for today: Bullish

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