Copper price tends to the positivity – Analysis – 12-3-2019
Economies.com
2019-03-12 08:15AM UTC
Copper price seems to decrease the negative waves through the recent resistance to the negative pressures, as it tests the initial resistance 2.9300, noting that the price frequent fluctuation below this resistance will support the domination of the correctional bearish bias that targets 2.8440 followed by reaching the key support at 2.8000.
On the other hand, jumping above the current resistance and getting positive close will confirm the preparation to renew the positive attempts, to expect rallying towards 2.9500 top, followed by reaching 3.0200.
The expected trading range for today is between 2.9300 and 2.8440
The expected trend for today: Bearish
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