Copper price crawls towards the resistance – Analysis – 8-7-2020
Economies.com
2020-07-08 05:25AM UTC
Copper price continued to crawl positively, taking advantage of stochastic positivity, to increase the chances of reaching the bullish channel’s resistance at 2.8050, reminding you that the correctional bullish scenario is based on the stability of 2.6200 support line, while we need to monitor the price behavior in case surpassing the targeted resistance to manage to detect the next main trend.
The expected trading range for today is between 2.7160 and 2.8050
The expected trend for today: Bullish
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