Copper price is weak – Analysis – 17-10-2018
Economies.com
2018-10-17 07:49AM UTC
Copper price continued to provide weak sideways trading by leaning near the EMA50, to repeat the fluctuation within the bullish channel between 2.7000 initial support and 2.8500 resistance.
We assure the importance of gaining the positive momentum to provide the price with positive motive to form bullish attack and increase the chances of reaching the bullish channel’s resistance at 2.9000.
Expected trading range for today is between 2.7200 and 2.8500
Expected trend for today: Fluctuated within the bullish range
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