Copper price surpasses the negativity – Analysis – 13-3-2019
Economies.com
2019-03-13 07:48AM UTC
Copper price formed a minor bullish channel, to end the negative chances and gets ready to form a new bullish trading in the near and medium period, the stability of the minor channel at 2.8750 forms the main factor for confirming the bullish trend, which makes us expect targeting 2.9500 level in the near period reaching to 3.0200.
Stochastic attempt to rally above 50 level increases the chances for gaining the required positive momentum, to confirm the expected bullish trend.
The expected trading range for today is between 2.8900 and 2.9500
The expected trend for today: Bullish
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