Copper price provides positive close – Analysis – 10-7-2020

Economies.com
2020-07-10 08:17AM UTC

Copper price provided positive close above 2.8050 level to confirm moving into the new bullish track and allows us to wait recording new positive targets by moving towards 2.9000 and 2.9840 levels.

 

Also, stochastic continuous fluctuation within the overbought areas supports the bullish overview by providing the positive momentum and allows the price to chance to resume the bullish attack.

 

The expected trading range for today is between 2.7840 and 2.9000

 

The expected trend for today: Bullish

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