Copper price continues the bullish attack – Analysis – 21-2-2019
Economies.com
2019-02-21 09:27AM UTC
Copper price continued to provide the bullish attack, approaching the target at 2.93300, expecting to continue the positive pressures to surpass 50% Fibonacci correction level and manage to achieve more gains by moving towards 2.9850 followed by 3.0300 levels.
On the other hand, failing to breach the current barrier at 2.9400 will force the price to form some sideways fluctuations within the bullish channel with chances to test the initial support 2.8500 before reaching the suggested targets.
The expected trading range for today is between 2.8600 and 2.9850
The expected trend for today: Bullish
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