Copper price records targets – Analysis – 1-4-2019

Economies.com
2019-04-01 07:06AM UTC

Copper price succeeded to resume the bullish attack to achieve many targets by reaching 2.9850, expecting to settle above 50% Fibonacci correction level at 2.9300 to renew the bullish attempts to target 3.0200 level followed by reaching 3.1100 resistance.

 

Stochastic approach to 80 level reinforces the bullish overview by providing new positive momentum to ease the attempt to record more targets as expected previously.

 

The expected trading range for today is between 2.9300 and 3.0200

 

The expected trend for today: Bullish

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