Copper price suffers big losses – Analysis – 19-3-2020
Economies.com
2020-03-19 08:02AM UTC
Copper price is affected by the efficiency of the new negative track, caused by breaking 2.3000 support line, to notice suffering big losses that extend to 1.9630, to surpass the mentioned targets in our previous report.
The continuous fluctuation below 2.0800 level increases the chances of forming new negative trades along with stochastic additional negative momentum signals allow us to expect reaching the historical low at 1.9210.
The expected trading range for today is between 2.0800 and 1.9210
The expected trend for today: Bearish
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