Copper price recovers – Analysis – 26-9-2019

Economies.com
2019-09-26 07:33AM UTC

No news for Copper price to keep forming a sideways trading due to the contradiction between stochastic positivity and the negative stability within the bearish channel levels, and the stability of the resistance at 2.6400 is important to avoid any losses that might change the main bearish track.

 

We recommend waiting for achieving breaking 2.5500 level, to confirm its readiness to record extra negative targets by reaching 2.4800 and 2.4000 in the upcoming period.

 

The expected trading range for today is between 2.6000 and 2.5500

 

The expected trend for today: sideways

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