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Copper price needs a new momentum– Forecast today – 4-6-2026
Copper price ended the bullish rally by reaching $6.6300 level, forcing it to provide some corrective waves by reaching $6.3750, due to stochastic exit from the overbought level to delay the bullish rally temporarily.
While the main stability above $6.1000 support forms a main factor to confirm the continuation of the positivity in the upcoming trading, therefore, we will keep waiting for gathering new momentum, to attempt to form a new support at $6.2500 level, to reinforce the chances of renewing the bullish attempts to target $6.7500 reaching $6.9400.
The expected trading range for today is between $6.2800 and $6.5500
Trend forecast: Fluctuating
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