Copper price faced the temporary negative pressures yesterday by providing new positive close above the bullish channel’s support line at 2.9800, to notice forming new bullish wave as appears on the chart.
The frequent stability within the bullish track and attempting to gather the additional positive momentum allow us to keep our bullish overview that might target 3.1200 level initially, followed by waiting to reach the next main target at 3.3000.
The expected trading range for today is between 2.9800 and 3.1200
The expected trend for today: Bullish