Copper repeats the stability above the initial support – Analysis – 10-1-2018

Economies.com
2018-01-10 07:23AM UTC

Copper price still stable above the initial support at 3.2000, avoiding the negative pressures to increase the possibility of resuming the bullish attack in the upcoming period, therefore, we will keep waiting for gathering the bullish momentum, reminding you that the positive targets settle at 3.4400 level reaching to the resistance at 3.5500.

 

Expected trading range for today is between 3.2000 and 3.4400

 

Expected trend for today: Bullish

 

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