Copper price holds above the initial support – Analysis – 10-6-2021

Economies.com
2021-06-10 05:48AM UTC

Copper price kept its stability above the initial support at 4.4000 to increase the chances of regaining the bullish bias in the near term period, as consolidating within the bullish channel and stochastic attempt to provide the positive momentum agree the bullish attempts, expecting to target 4.6000 followed by 4.7100 levels.

 

The expected trading range for today is between 4.4200 and 4.6000

 

The expected trend for today: Bullish

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