Copper price fluctuates within the correctional range – Analysis – 20-11-2019

Economies.com
2019-11-20 07:28AM UTC

There is no change on Copper price bearish correctional trading that depends on the stability of 2.7000 barrier, therefore, we will keep our bearish trend expectation in the current period, which targets 2.5500 level to test the main support that appears in the above image.

 

While the price attempt to rally above the current barrier and providing a positive close will confirm regaining the bullish bias, to begin targeting several positive levels that begin at 2.7760 and 2.8400.

 

The expected trading range for today is between 2.7000 and 2.5500

 

The expected trend for today: Bearish

 

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