Copper price insists to decline – Analysis – 23-9-2019
Economies.com
2019-09-23 06:55AM UTC
Copper price confirmed the bearish bias domination continuation by forming repeated negative trading, approaching from the initial target at 2.5500, the current negativity is caused by the price stability within the bearish channel, besides providing a new negative momentum by stochastic by its reach to the oversold level.
And that will increase the chances for resuming the negative attack, which requires breaking 2.5500 to ease the attempt of recording extra negative targets that might begin at 2.4800 and 2.400.
The expected trading range for today is between 2.5800 and 2.4800
The expected trend for today: Bearish
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