Despite copper price fluctuation above the moving average 55 recently, that won’t affect the main negative stability, due to its negative consolidation below 4.4000 resistance, expecting to confine trades within tight sideways track until gathering the required negative momentum to achieve the negative targets at 4.0500 and 3.8750.
The expected trading range for today is between 4.3800 and 4.2600
The expected trend for today: Bearish