Copper price needs strong momentum – Analysis – 14-6-2021

Economies.com
2021-06-14 05:15AM UTC

Copper price repeated the weak sideways trades due to the lack of the positive momentum, to settle within the bullish channel, above the additional support at 4.4000.

 

We assure that importance of gathering the additional positive momentum to manage to renew the bullish attempts by surpassing 4.6200 level followed by waiting to record positive targets that start at 4.7100 followed by reaching the key resistance at 4.9500.

 

The expected trading range for today is between 4.4400 and 4.6200

 

The expected trend for today: Bullish

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