Copper price faces negative pressures – Analysis – 19-1-2021

Economies.com
2021-01-19 06:24AM UTC

Copper price still affected by stochastic negativity, to notice renewing the pressure on 3.6000 support line, expecting to break it and begins the correctional bearish trades.

 

The bearish overview is supported by 3.6700 level forming additional barrier, reminding you that the correctional targets located near 3.4800 and 3.4000.

 

The expected trading range for today is between 3.6700 and 3.4800

 

The expected trend for today: Bearish

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