Copper price repeats the positive closings – Analysis – 14-6-2019

Economies.com
2019-06-14 07:24AM UTC

Despite Copper price’s slow move, its frequent stability above the bullish channel’s support line around 2.6300 confirms the preparation to resume the bullish attack, thus, we will keep waiting to gather the required positive momentum to record the additional targets at 2.7200 followed by 2.7800.

 

We remind you that declining below the current support and providing negative support will confirm surrendering to the negative trades, expecting to suffer many losses by declining towards 2.5370 and 2.4460 levels direct.

 

The expected trading range for today is between 2.6300 and 2.7200

 

The expected trend for today: Bullish

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