Copper price increases the chances for the decline – Analysis – 02-11-2019

Economies.com
2019-12-02 07:53AM UTC

Copper price agrees with the negative stability below the resistance at 2.7000, to increase the chances for recording negative targets in the near and medium period, noticing stochastic begin to provide negative momentum by its approach from 20 level, which makes us wait for reaching 2.6000 and 2.5400 in the near and medium period.

 

The expected trading range for today is between 2.6800 and 2.6000

 

The expected trend for today: Bearish

 

 

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