Copper price confirms the positivity – Analysis – 7-9-2020

Economies.com
2020-09-07 04:42AM UTC

Copper price kept its positive stability within the bullish channel’s levels, to notice by the above image its move away from the support line at 2.9000, to record its initial positive target by hitting 3.0650 level.

 

stochastic success to reach the overbought level confirms the continuation of the positivity by providing extra positive momentum, which makes us prefer more of the bullish attempts that might target 3.1200 reaching to 3.3000 in the upcoming period.

 

The expected trading range for today is between 3.0000 and 3.1200

 

The expected trend for today: Bullish

 

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