Copper price provides some positive correction – Analysis – 9-8-2018
Economies.com
2018-08-09 07:31AM UTC
Copper price surrendered to the correctional positive attempts due to the stability of 2.7000 support line, noticing the price reach 2.7835 level, while stochastic intraday positivity will increase the chances of testing 2.8500 barrier followed by monitoring the price behavior to manage to detect the next main trend.
Therefore, the negative attack will be postponed unless achieving the required break, waiting the results of the attempt to test the mentioned barrier.
Expected trading range for today is between 2.7000 and 2.8500
Expected trend for today: Bullish
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