Copper price keeps the negativity – Analysis – 30-5-2019
Economies.com
2019-05-30 07:41AM UTC
No change for Copper price that forms new negative wave to increase the chances of reaching the main target at 2.6300, reminding you that the bearish scenario depends on the price consolidation within the bearish channel besides 2.7200 level forming additional resistance against the current trades.
In case breaking 2.6300 support line, that will confirm moving into new negative track, to expect suffering big losses in the upcoming period by moving towards 2.5800 and 2.5370 levels.
The expected trading range for today is between 2.7000 and 2.6300
The expected trend for today: Bearish
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