No change for Copper price – Analysis – 19-3-2019

Copper price could not move until this moment, due to the lack of the positive momentum, to keep its stability between the minor bullish channel’s support line at 2.8900 and the initial barrier at 2.9300.

Resuming the bullish attack requires jumping above the current barrier to ease the mission of reaching the positive stations at 2.9700 followed by 3.0200, while crawling below the current support will postpone the bullish overview and force the price to build correctional bearish trades to target 2.8200 level before reaching any waited positive target.

The expected trading range for today is between 2.8900 and 2.9700

The expected trend for today: Bullish