Copper price records the target – Analysis – 1-7-2020
Economies.com
2020-07-01 05:05AM UTC
Copper price continued to form the correctional bullish trades to notice surpassing the first target at 2.7100, while the moving average 55 fluctuation below the current trades allows us to suggest more bullish attempts that might target the main resistance at 2.8050.
In addition, we should note that the stability of 2.6100 support and stochastic crawling towards the overbought areas agree the bullish overview, to keep waiting to reach the suggested target.
The expected trading range for today is between 2.6500 and 8050
The expected trend for today: Bullish
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