Copper price exits the negative track – Analysis – 08-10-2019
Economies.com
2019-10-08 06:53AM UTC
Copper price didn’t succeed to resist the positive pressures for long time, to notice forming a bullish wave recently to exit the negative track by breaching 2.5780 level to rally above the moving average 55.
And that makes us begin preferring the bullish trading, gaining an extra positive momentum make us expect reaching 2.6200 to form the initial main target for the bullish bias.
The expected trading range for today is between 2.5800 and 2.6200
The expected trend for today: Bullish
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