Copper price still need the positive momentum to keep the sideways fluctuation, to approach from the initial support at 3.2000, by the above image, we notice stochastic reach to the oversold level, announcing the beginning of surpassing the negative pressures, opening the way towards gaining new positive momentum in the near period, confirming the continuation of the positivity targeting 3.4400 level initially.
We should mention that the price decline below the current support will delay the bullish attempts, which forces it to suffer some losses until testing 61.8% Fibonacci correction level at 3.0800.
Expected trading range for today is between 3.2000 and 3.4400
Expected trend for today: Bullish