Copper suffers the support line stability – Analysis – 29-12-2016

Economies.com
2016-12-29 07:48AM UTC

No news for copper price by its repeated confinement between the main levels that represented by the support at 2.4200 and the resistance at 2.5700, therefore, we will stay aside in the near period until surpassing one of these levels to detect the expected targets in the upcoming period.

 

Please review the previous report to detect the expected targets when surpassing the current sideways range.

 

Expected trading range for today is between 2.4200 and 2.5700

 

Expected trend for today: neutral.

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