Copper price postpones the bullish rally – Analysis – 28-11-2018

Economies.com
2018-11-28 07:33AM UTC

Copper price provides clear signal to delay the bullish rally by its decline below 2.7300 level, announcing its readiness to form some negative correction in the near period, we expect targeting the bullish channel’s support at 2.6760, then monitor its attitude due to the importance of this level to detect the main trend in the upcoming trading.

 

Expected trading range for today is between 2.7500 and 2.6760

 

Expected trend for today: Bearish temporarily

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