Copper price needs new momentum – Analysis – 28-6-2022
Economies.com
2022-06-28 05:18AM UTC
Copper price continued to provide sideways trades by settling above the additional support 3.6600, affected by stochastic exit from the oversold areas to force the price to postpone the negative attack for now.
These factors allow us to suggest more sideways trades until gathering the additional negative momentum to reinforce the continuation of the negativity, to manage to break the mentioned support and open the way to reach the additional negative stations represented by 3.5300 and 3.4100 levels.
The expected trading range for today is between 3.8600 and 3.6300
The expected trend for today: Sideways
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