Copper price keeps its stability above the bullish channel’s support line, to keep the bullish trend valid in the upcoming period, supported by stochastic positivity, waiting to target 2.7700 followed by 2.8350 levels mainly.
Note that breaking 2.6350 will stop the expected rise and press on the price to decline towards 2.5400 followed by 2.4470 levels as initial negative targets.
The expected trading range for today is between 2.6400 and 2.7200
The expected trend for today: Bullish