Copper price recovers – Analysis – 11-9-2019
Economies.com
2019-09-11 06:26AM UTC
Copper price provided a new positive close above 61.8% Fibonacci correction level, which forms an extra support at 2.5500, reinforcing the bullish correctional bias domination, besides the stability of stochastic within the overbought level increases the chances for gathering the positive momentum, which makes us wait for achieving the correctional target at 2.6680.
The expected trading range for today is between 2.5550 and 2.6680
The expected trend for today: Bullish
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