Copper price affected by the stability of the resistance at 2.8800, to provide new negative fluctuation attempting to press on the initial support at 2.7500 level, the mentioned levels detect the upcoming trend, while breaking the current support will force it to suffer extra losses by reaching 2.7050, reaching to 50% Fibonacci correction level at 2.6280.
While the support stability will increase the chances for forming intraday positive trading, to attempt to reach the mentioned resistance, which forms the initial positive station in the current period.
Expected trading range for today is between 2.7500 and 2.8450
Expected trend for today: Bullish