Copper price moves towards the target – Analysis – 18-2-2021
Economies.com
2021-02-18 06:40AM UTC
Copper price resumed the bullish rally to record the target at 3.8810 and move away from the bullish channel’s support line, confirming its affection by the expected bullish bias.
Stochastic continuous positive momentum signals allow us to keep our bullish overview that might target the psychological barrier at 4.000 soon, followed by reaching 4.1100 in the upcoming period.
The expected trading range for today is between 3.8450 and 4.0000
The expected trend for today: Bullish
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