Copper price needs new momentum – Forecast today – 19-3-2024
Economies.com
2024-03-19 05:04AM UTC
Copper price repeated its fluctuation below 4.1500 level recently without recording any new positive target, affected by stochastic attempt to exit the overbought areas, to form temporary sideways fluctuation.
Note that it is important to monitor the price behavior in case crawling towards the additional support at 4.0200, which its stability supports the chances of gaining the required additional positive momentum to achieve the next main target at 4.3000.
The expected trading range for today is between 4.0500 and 4.3000
Trend forecast: Bullish
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