Copper price postpones the negativity – Analysis – 24-3-2020

Economies.com
2020-03-24 08:52AM UTC

Copper price lost its negative momentum yesterday, which pushed the price to settle above 2.0700, postponing the negative attack, to start forming correctional bullish trades by reaching 2.1600.

 

We expect more positive trades until testing 2.2820 resistance, while crawling below 2.0700 again will push the price back to the negative track, reminding you that the main targets located around 2.000 and 1.9200.

 

The expected trading range for today is between 2.0700 and 1.2100

 

The expected trend for today: Bullish

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