Copper price jumped bullishly yesterday above 4.2300 level, to settle within the bullish channel again, noticing recording some positive targets by reaching 4.3975, while the moving average 55 consolidates near the bullish channel’s support line to confirm confining trades within the bullish track to increase the chances of recording new positive targets that might start at 4.5500 and 4.6400.
The expected trading range for today is between 4.2800 and 4.5500
The expected trend for today: Bullish