Copper price repeats testing the support– Analysis – 22-09-2020
Economies.com
2020-09-22 05:40AM UTC
Copper price formed temporary bearish wave yesterday, to test the minor bullish channel’s support at 3.000, reminding you that the stability of this support is important to confirm the continuation of the positivity, targeting 3.1200 and 3.1800 level.
The price attempt reach below this support and holding below it will confirm its move to the bearish correctional track, to expect suffering several losses that might begin at 2.9200 and 2.7600.
The expected trading range for today is between 3.000 and 3.1200
The expected trend for today: Bullish
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