Copper price repeats the positive attempts – Analysis – 3-4-2020
Economies.com
2020-04-03 08:54AM UTC
Copper price rallied towards 2.2100 again, in order to find new escape to resume the correctional bullish attack that targets 2.2960 level mainly, to test the broken support of the bearish channel that appears on the chart.
Also, note that stochastic fluctuates out of the oversold areas to increase the chances of gaining the additional positive momentum to ease the mission of reaching the waited target.
The expected trading range for today is between 2.1600 and 2.2960
The expected trend for today: Bullish
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