Copper price confirmed keeping the negative attempts by declining below 2.7000 level recently, to move into new negative track and approach the first target at 2.6200, while stochastic reach to the oversold areas reinforces the negative overview to increase the chances of moving towards 61.8% Fibonacci correction level at 2.5500.
Expected trading range for today is between 2.7000 and 2.5500
Expected trend for today: Bearish