Copper price continues to fluctuate negatively – Analysis – 29-3-2021

Economies.com
2021-03-29 04:18AM UTC

Copper price continued to fluctuate within the correctional bearish track to increase the chances of breaking 3.9500 level that forms the door to resume the correctional attack in the upcoming period.

 

We remind you that it is important to hold below 4.2200 main resistance, in addition to stochastic fluctuation below 50 to provide the price with additional negative momentum, waiting to achieve the targets at 3.8810 and 3.6600.

 

The expected trading range for today is between 4.1400 and 3.8810

 

The expected trend for today: Bearish

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