Copper price reinforces the negative track – Analysis – 31-1-2020
Economies.com
2020-01-31 07:42AM UTC
Copper price reinforced its negative track by providing new negative close below 2.5500 yesterday, allowing us to wait to record additional targets that might start at 2.4200, while stochastic rebound above 50 level might force the price to form some temporary sideways fluctuation until gathering new negative momentum to ease the mission of reaching the suggested target.
The expected trading range for today is between 2.5500 and 2.4200
The expected trend for today: Bearish
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