Copper price began to surpass the negative pressures after facing the 55-level moving average near $6.2500, to begin forming bullish waves and holding near $6.3700.
Note that regaining the bullish trend in the current trading requires breaching $6.4500 level and holding above it, to reinforce the chances of targeting several positive station that begin at $6.5700, while the failure of the breakout will force it to provide mixed trading, with a chance to renew the corrective attempts, which might target $6.1600 level.
The expected trading range for today is between $6.2800 and $6.5000
Trend forecast: Bullish
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