Copper price succeeded to face stochastic negativity by providing new closings above the initial support 4.0200, attempting to form some positive trades to settle near 4.0800.
The price might form some sideways trades until gathering the required positive momentum to surpass 4.1500 obstacle and start targeting additional positive stations by rallying towards 4.3000 followed by reaching the next main target near 4.5400.
The expected trading range for today is between 4.0200 and 4.1500
Trend forecast: Bullish