Copper price surpasses the target – Analysis – 30-1-2020
Economies.com
2020-01-30 07:36AM UTC
Copper price faced strong negative pressures yesterday to notice surpassing the negative target 2.5500 and confirms surrendering to the bearish bias domination.
Stochastic reach to the oversold areas allows us to expect forming new negative trades to attempt to reach 2.4200 level, which forms the extension of a historical support as appears on the chart.
The expected trading range for today is between 2.5500 and 2.4200
The expected trend for today: Bearish
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