Copper price prepares to decline – Analysis – 31-3-2021
Economies.com
2021-03-31 04:10AM UTC
Copper price started to gather the negative momentum after stochastic settled below 50 level, to support the correctional bearish overview that depends on the stability of 4.2350 resistance.
Also, 4.1500 level forms additional obstacle to increase the negative pressures and expect the beginning of recording the negative targets that start at 3.8810 followed by reaching the bullish channel’s support line at 3.6700.
The expected trading range for today is between 4.1400 and 3.8810
The expected trend for today: Bearish
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