Copper price repeats fluctuation above the support – Analysis – 10-8-2018
Economies.com
2018-08-10 08:58AM UTC
Copper price still stable above 2.7000 support line, which blocks resuming the negative attack, to increase the chances of the positive correction for now, noting that there is a chance to test 2.8500 level until gathering the negative momentum again, to repeat the attempts to reach the main negative levels.
On the other hand, crawling below 2.7000 will open the way to target more negative levels that start at 2.6200 then 2.5500.
Expected trading range for today is between 2.7000 and 2.8500
Expected trend for today: Fluctuated within the negative range
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