Copper price keeps the positivity – Analysis – 31-3-2020

Copper price confirmed keeping the positive correctional attempts until this moment by holding above 2.0700 level, which its stability decreases the chances of regaining the main bearish bias and allows the price to record 2.2200 followed by reaching 2.3000 resistance.

We reminding you that facing any negative pressure and crawling below the current support will cancel the correctional bullish overview to extend trading negatively towards 1.9750 followed by reaching the historical support at 1.9200.

The expected trading range for today is between 2.0700 and 2.2200

The expected trend for today: Bullish