Copper price prepares for new rise – Analysis – 30-6-2020

Economies.com
2020-06-30 05:16AM UTC

Copper price confirmed its preparation to form new bullish attack by providing frequent positive closings above 2.6200 support, getting the positive momentum by the moving average 55 fluctuation below the current trades, thus, we will keep waiting to record 2.7100 level soon, while breaching it will extend trades towards the bearish channel’s resistance at 2.8050.

 

The expected trading range for today is between 2.6400 and 2.7530

 

The expected trend for today: Bullish

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