Copper price tests the support – Analysis – 15-3-2019
Economies.com
2019-03-15 07:38AM UTC
Copper price succeeded to test the minor bullish channel’s support line by touching 2.8830 level, to force the price to form new positive rebound that confirms our bullish overview, reminding you that it is important to hold above 2.9300 level to increase the chances of achieving new targets that might start at 2.9700 followed by 3.0200.
Stochastic attempt to crawl above 50 level increases the chances of gathering the positive momentum to ease the mission of reaching the suggested targets.
The expected trading range for today is between 2.8830 and 2.9300
The expected trend for today: Bullish
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