The lack positive momentum led Copper price to form additional negative fluctuation to move away from 2.8400 resistance and record the first losses by touching 2.7500 recently.
We expect the continuation of the mentioned resistance stability and facing negative pressures to resume the negative correction, which provides additional chances to test 50% Fibonacci correction level at 2.7000.
The expected trading range for today is between 2.7850 and 2.7000
The expected trend for today: Bearish