Copper price loses its positive momentum – Analysis – 17-9-2020
Economies.com
2020-09-17 05:25AM UTC
Copper price forced to end yesterday’s trading by forming a temporary bearish wave, affected by stochastic negativity, due to its exit from the overbought level, reminding you that the stability of the minor bullish channel’s support at 2.9720 is important, and its stability confirms the continuation of the positivity, which might target 3.1200 level in the near period.
The expected trading range for today is between 2.9750 and 3.0800
The expected trend for today: Bullish
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