Copper price declines calmly – Analysis – 27-6-2018
Economies.com
2018-06-27 06:47AM UTC
No change to Copper price negative track, noticing its calm crawling towards 2.9700, assuring the importance of surpassing 2.9500 level to open the way to record more targets, expecting to move towards 38.2% Fibonacci correction level at 2.8500.
The price stability below 3.0300 resistance and stochastic continuous fluctuation within the oversold areas will increase the chances of gathering the additional negative momentum to manage to achieve the required break and reach the waited target.
Expected trading range for today is between 3.0200 and 2.8500
Expected trend for today: Bearish
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