Copper price continues to crawl positively – Analysis – 13-9-2019

Copper price kept its stability within the bullish correctional range by forming a new positive crawl, approaching from the moving average 55, reminding you that monitoring the price behavior in case testing the bearish channel’s resistance that is located at 2.6630 currently, due to the importance of this barrier to detect the main trend in the upcoming trading.

The risk of changing the current trend is represented by the price reach below the initial support at 2.5500, to force it to form a strong negative attack, to suffer several losses that begin at 2.4800.

The expected trading range for today is between 2.5850 and 2.6630

The expected trend for today: Bullish