Copper price needs strong momentum – Analysis – 14-12-2018
Economies.com
2018-12-14 09:39AM UTC
Copper price lacked the positive momentum in the recent trades, which forced it to postpone the bullish attack and forms new sideways fluctuation by settling at 2.7300, while the price might test the bullish channel’s support at 2.7000 in the upcoming period, which its stability forms the major factor to confirm the suggested positivity.
Therefore, we will keep suggesting the bullish attempts, expecting to rally towards 2.8500 after gaining the positive momentum.
Expected trading range for today is between 2.7000 and 2.8000
Expected trend for today: Fluctuated within the bullish range
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