Copper price is waiting for achieving the break– Analysis – 01-10-2019

Economies.com
2019-10-01 06:32AM UTC

No news for Copper price until this moment by its stability near the extra support at 2.5500, to keep waiting for achieving the required break to target several negative levels that are located at 2.4800 reaching to 2.4000.

 

Stochastic begin to form a bearish wave that increases the chances for gaining the extra negative momentum, to ease achieving the break in the current period, note that the stability of the bearish channel’s resistance at 2.6300. 

 

The expected trading range for today is between 2.5750 and 2.4800

 

The expected trend for today: Bearish

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