No change for Copper price – Analysis – 15-8-2019

Economies.com
2019-08-15 07:14AM UTC

Copper price moves slowly since the last period, affected by the continuation of the main indicators contradiction, but the repeated stability below the resistance at 2.6200 supports our bearish suggestion, which targets 2.5500 level reaching to 38.2% Fibonacci correction level at 2.4660.

 

The expected trading range for today is between 2.6200 and 2.5500

 

The expected trend for today: Bearish

 

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