Copper price remains under the influence of the bearish corrective scenario, as it continues to stabilize below the resistance level at $6.6000. Recent trading has been slow, with the price reaching the $6.2300 level.
To confirm the negative outlook for the upcoming sessions, the price needs to reach the additional support level at $6.1000. A successful break below this support would pave the way for new corrective targets, with the price expected to move toward $5.9200 and then $5.8000.
The expected trading range for today is between $6.1000 and $6.5000
Trend forecast: Bearish
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