Copper price keeps the negativity – Analysis – 27-9-2022

Copper price keeps the negative stability below 3.5000 level, confirming its surrender to the domination of the previously suggested bearish bias, also, the major indicators provide the negative momentum to increase the chances of surpassing 3.3000 level and manage to reach the next main target at 3.1300 that might form an obstacle against the negative attempts.

We remind you that breaking 3.1300 level and getting negative close below it will open the way to target new negative stations that start at 2.8600 and 2.6000.

The expected trading range for today is between 3.4000 and 3.1300

The expected trend for today: Bearish