Copper price continues the positive stability – Analysis – 15-1-2021
Economies.com
2021-01-15 08:01AM UTC
Copper price repeated the positive closings above the minor bullish channel’s support line at 3.5800, attempting to gather the additional positive momentum to manage to renew the bullish attempts and reach the targets around 3.7200 and 3.7900.
We remind you that facing new negative pressures and crawling below the mentioned support will postpone the bullish attack, to expect suffering many losses that might start by reaching 3.4000.
The expected trading range for today is between 3.5800 and 3.7200
The expected trend for today: Bullish
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