Copper price didn’t break yet – Analysis – 20-5-2019
Economies.com
2019-05-20 07:08AM UTC
Copper price did not succeed to break 2.7200 support line, affected by new sideways wave as appears on the chart, while the price might be forced to renew the sideways fluctuation with chances of forming intraday positive rebound to test 2.7750 level before reaching the main negative targets.
On the other hand, breaking the current support and getting negative close will confirm the preparation to resume the bearish attack and move towards 2.6500 followed by 2.5370 levels in the upcoming period.
The expected trading range for today is between 2.7700 and 2.7200
The expected trend for today: Sideways
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