Copper price took advantage of the moving average 55 positivity by fluctuating below the bullish channel’s support line, to get rid of the negative pressures and repeat the positive trading within the bullish channel as appears on the chart, thus, we will keep our bullish overview and waiting to surpass 2.8400 barrier to manage to record new targets by moving towards 2.9360 in the upcoming period.
The expected trading range for today is between 2.7750 and 2.8400
The expected trend for today: Bullish