Copper price presses on the support – Analysis – 10-7-2019
Economies.com
2019-07-10 07:47AM UTC
Copper price provided clear negative trades yesterday to break the bullish channel’s support line and settles below it, which turns the intraday track to decline, expecting to head towards 2.5400 followed by 2.4470 levels mainly.
Therefore, the bearish bias will be expected for the upcoming period unless the price managed to breach 2.6380 level and hold above it.
The expected trading range for today is between 2.5400 and 2.7000
The expected trend for today: Bearish
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