Copper price repeats the sideways fluctuation – Forecast today – 25-4-2024
Economies.com
2024-04-25 05:38AM UTC
Copper Price Analysis
Copper price repeated the sideways trades near $4.4000 recently, attempting to face the intraday negative pressures in order to keep the main bullish track, as the main stability within the bullish channel and $4.2900 level attempt to form additional support line support the previously suggested bullish overview.
- Stochastic attempt to provide the positive momentum might increase the chances of activating the bullish attempts, to expect recording some additional gains by targeting $4.5400 level followed by pressing on $4.6700 resistance line.
The expected trading range for today is between $4.3400 and $4.5400.
Trend forecast: Bullish
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