Copper price keeps the positivity – Analysis – 15-8-2022

Economies.com
2022-08-15 04:13AM UTC

Copper price confirmed keeping the bullish track due to the frequent stability above 50% Fibonacci correction level at 3.5000, to increase the chances of renewing the bullish attempts in the near term period, also, stochastic continues to provide the positive momentum by approaching 80 level to reinforce the chances of recording the positive targets, to keep waiting to reach 3.8500 followed by pressing on the moving average 55 at 3.9300.

 

The expected trading range for today is between 3.5500 and 3.8500

 

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The expected trend for today: Bullish

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