Copper price threats the positive stability – Analysis – 15-2-2019
Economies.com
2019-02-15 08:33AM UTC
Copper price responded to stochastic negativity, to notice providing new negative pressure on the bullish channel’s support at 2.7600, and unless the price provided any new negative close below this support, the bullish overview will remain valid, waiting to rally towards 2.8400 in the near term period.
On the other hand, confirming breaking the current support will cancel the bullish overview and start forming strong negative trades that might push to reach 2.7100 followed by 2.6400 levels.
The expected trading range for today is between 2.7600 and 2.8400
The expected trend for today: Bullish
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