Copper price keeps pressing on the barrier– Analysis – 12-7-2019
Economies.com
2019-11-11 07:51AM UTC
Copper price continues to provide a clear positive pressure on 2.7000 level, which represents a strong obstacle against the attempts of resuming the bullish attack, and providing a positive close above this level will confirm its readiness to rally to 2.7600 level, then wait for hitting the initial main target at 2.8400.
The depend will remain valid on forming an extra support by the moving average 55 by its stability at 2.6400 for today, to confirm the trading confinement within the bullish range until reaching the suggested targets.
The expected trading range for today is between 2.6730 and 2.7600
The expected trend for today: Bullish
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