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Copper price declined below the support– Forecast today – 20-3-2026

Economies.com
2026-03-20 07:42 UTC

Copper price succeeded in activating the bearish corrective track by reaching below $5.5100 level, to begin targeting the negative stations by reaching $5.2400 level, to form an intraday positive rebound towards $5.4200 to gather extra negative momentum in the current period.

 

Providing daily negative closes below the broken support is important to reinforce the dominance of the bearish corrective trend, which might target extra stations that begin at $5.1600 and $4.9200.

 

The expected trading range for today is between $5.5500 and $5.8500

 

Trend forecast: Bearish

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Economies.com
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Economies.com
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