Copper price declines below the support – Analysis – 24-09-2020
Economies.com
2020-09-24 04:57AM UTC
Copper price surrendered to the repeated negative pressures, to notice forming strong bearish wave reaching below the bullish channel’s support at 3.0050, suffering some losses by reaching 2.9325.
the continuation of providing negative momentum by stochastic stability near 20 level will provide extra negative momentum, which makes us prefer reaching 2.8800 and 2.7600.
The expected trading range for today is between 2.9900 and 2.8800
The expected trend for today: Bearish
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