Copper price recovers – Analysis – 11-7-2019
Economies.com
2019-07-11 06:03AM UTC
Copper price rallied upwards strongly yesterday to trade above the bullish channel’s support line again, which reactivates the bullish trend scenario that targets testing 2.7230 level initially, noting that breaching this level will extend the bullish wave to reach 2.8365, while the bullish trend will remain valid unless breaking 2.6370 level and holding with a daily close below it.
The expected trading range for today is between 2.6500 and 2.8500
The expected trend for today: Bullish
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