Copper price repeats the positive attempts – Analysis – 15-7-2019

Copper price kept its stability positively above the bullish channel’s support line at 2.6400, confirming the preparation to record new positive targets in the near term and medium period, expecting to rally to press on the moving average 55 at 2.7400, and surpassing this level might extend trading towards the main target at 2.8500.

Stochastic provides the positive momentum to increase the chances of resuming the positive fluctuation and ease the mission of reaching the suggested positive stations.

The expected trading range for today is between 2.6500 and 2.7400

The expected trend for today: Bullish