Copper price presses on the moving average – Analysis – 29-11-2019
Economies.com
2019-11-29 07:52AM UTC
Copper price begins to form new negative trades to press on the moving average 55, attempting to move away from 2.7000 resistance, expecting to achieve the required break to reach new negative stations that might start at 2.6000 followed by reaching 2.5200.
Stochastic decline below 50 level agrees the negative overview to increase the chances of gathering the negative momentum followed by starting to record the suggested targets.
The expected trading range for today is between 2.6800 and 2.6000
The expected trend for today: Bearish
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