Copper price moves into new negative track – Analysis – 18-3-2020

Economies.com
2020-03-18 08:34AM UTC

Copper price succeeded to crawl below 2.3000 support line, to move into new negative track and start recording the additional targets by reaching 2.1870, expecting to form new resistance at the broken support, to resume the negative attack until reaching 2.0760 level that forms the main target of the near term and medium term trading.

 

The expected trading range for today is between 2.2900 and 2.0800

 

The expected trend for today: Bearish

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