No news for Copper price – Analysis – 6-6-2019
Economies.com
2019-06-06 07:15AM UTC
Copper price still near the bullish channel’s support line, without recording any new positive target, due to the lack of the positive momentum, thus, we will keep waiting to gather the required positive momentum, being aware that it is important to settle above 2.6220 followed by waiting to record the targets at 2.7200 and 2.7800 levels.
Any attempt to decline below the support line and getting negative close will force the price to form strong negative trades, with chances to suffer many losses by reaching 2.5370 and 2.4400 levels.
The expected trading range for today is between 2.6200 and 2.7200
The expected trend for today: Bullish
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