Copper price prepares for the correctional decline – Analysis – 2-6-2021
Economies.com
2021-06-02 05:15AM UTC
Copper price begins to form correctional bearish waves by settling below 4.7000 barrier, to confirm surrendering to the previously expected bearish bias.
Also, stochastic exit from the overbought areas will increase the chances of gaining the negative momentum, to ease the mission of reaching the main stations at 4.5000 and 4.3700.
The expected trading range for today is between 4.7000 and 4.5000
The expected trend for today: Bearish
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