No change to Copper price bullish trend – Analysis – 11-9-2020
Economies.com
2020-09-11 07:19AM UTC
Copper price succeeded to provide new positive close above the bullish channel’s support line at 2.9300, to keep its main bullish track despite facing frequent negative pressures caused by stochastic crawl below 50 level.
Therefore, we will keep waiting to gather the additional positive momentum to confirm its preparation to resume the bullish attempts and start targeting the positive levels that start at 3.1200 followed by reaching the bullish channel’s resistance at 3.3300.
The expected trading range for today is between 2.9300 and 3.1200
The expected trend for today: Bullish
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