Copper price continues the positive attempts – Analysis – 4-10-2018

Economies.com
2018-10-04 07:11AM UTC

Copper price continued to provide positive trades to increase the chances of resuming the bullish attack until breaching 2.8450 level followed by pushing on 2.8840 resistance, reminding you that it is important to settle above the initial support 2.7500 to decrease the chances of changing the trend now until reaching the mentioned positive stations.

 

Also, stochastic continues to provide the positive momentum by approaching 80 level to confirm the bullish overview and eases the mission of reaching the waited targets.

 

Expected trading range for today is between 2.8000 and 2.8840

 

Expected trend for today: Bullish

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