No news for copper price – Analysis – 31-3-2023
Economies.com
2 months ago
Copper price didn’t move until this moment, to continue facing stochastic negativity in order to keep its consolidation within the bullish track that depends on the stability of 4.0200 support line.
The sideways trades might continue until the price succeeds to gather the positive momentum to assist to activate the bullish track and start recording the targets by rallying towards 4.2200 followed by attempting to reach 23.6% Fibonacci correction level at 4.3000.
The expected trading range for today is between 4.0500 and 4.2200
The expected trend for today: Bullish
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