Copper price remains within the correctional range – Analysis – 10-9-2019

Economies.com
2019-09-10 09:09AM UTC

Copper price continued to form mixed trading affected by the contradiction between the main indicators, to settle near 2.5850 level, but the positive stability above the extra support that is located at 2.5500 level confirms the continuation of the bullish correctional bias domination, which targets 2.6680 level.

 

Note that the price attempt to reach below the current support will cancel the bullish correctional overview, to begin forming a strong negative trading to suffer several losses by reaching 2.4800 and 2.3850.

 

The expected trading range for today is between 2.5550 and 2.6680

 

The expected trend for today: Bullish

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