Copper price is slow – Analysis – 21-3-2023
Economies.com
2023-03-21 05:38AM UTC
Copper price didn’t move until this moment despite its frequent negative stability below 4.0500 resistance, affected by 38.2% Fibonacci correction level that keeps forming additional support at 3.850, to hinder the negative attempts for now.
The price needs additional negative momentum to manage to achieve the required break to ease the mission of reaching the negative stations at 3.7000 and 3.6000.
The expected trading range for today is between 3.9700 and 3.7000
The expected trend for today: Bearish
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