Copper price confirms the positivity – Analysis – 18-10-2021

Economies.com
2021-10-18 04:52AM UTC

Copper price repeated the positive closings by settling within the bullish channel, achieving some targets by reaching 4.8210, to touch the target mentioned in our previous report, while the stability of 4.5750 support line and the continuous positive momentum coming by the major indicators allow us to expect the continuation of recording the positive targets, located near 4.9400 and 5.0600.

 

The expected trading range for today is between 4.6600 and 4.9400

 

The expected trend for today: Bullish

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