Copper price moves towards the target – Analysis – 17-6-2022
Economies.com
2022-06-17 07:02AM UTC
Copper price returned to renew the negative trades, surrendering to the domination of the bearish bias, to move towards the next target by touching 4.0300 level, expecting to form additional barrier at 4.2000 to increase the chances of resuming the negative attempts that might target 50% Fibonacci correction level at 3.9300 followed by reaching 3.6800.
The expected trading range for today is between 4.2000 and 3.9300
The expected trend for today: Bearish
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