Copper price succeeded to form new bullish rally to reach the first target at 2.8400, which forms the first barrier against resuming the bullish attack, while stochastic attempt to crawl towards the overbought areas reinforces our bullish overview by providing new positive momentum, to increase the chances of surpassing the current barrier and reach the next target at 2.9400.
The expected trading range for today is between 2.8000 and 2.9300
The expected trend for today: Bullish