Copper price resumes the rise – Analysis – 19-2-2021
Economies.com
2021-02-19 08:08AM UTC
Copper price approached the second target at 4.000, confirming keeping the bullish scenario that depends on the stability within the bullish channel that appears on the chart.
We remind you that it is important to hold above the additional support 3.8810 to increase the chances of recording new positive targets, expecting to surpass the psychological barrier and move towards 4.1100 direct, to test the main bullish channel’s resistance.
The expected trading range for today is between 3.9000 and 4.0500
The expected trend for today: Bullish
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