Copper price repeated its positive fluctuation by providing new pressures on the moving average, attempting to move for a new positive station by targeting 2.8500 level, stochastic reach to the overbought level reinforces the bullish suggestion by providing new positive momentum, to increase the chances for surpassing 2.8500 obstacle and reaching to the bullish channel’s resistance at 2.9600 in the medium period.
Expected trading range for today is between 2.7500 and 2.8500
Expected trend for today: Bullish.