Copper price begins the bullish track – Analysis – 17-1-2020

Copper price provided new positive close above 2.8400 level, confirming the activation of the expected bullish track, thus, we will keep our bullish overview until reaching the positive stations around 2.9000 followed by 3.0200, to face 23.6% Fibonacci correction level

Also, stochastic fluctuation near 80 level assists to provide additional positive momentum to ease the mission of recording the suggested targets.

The expected trading range for today is between 2.8400 and 2.9000

The expected trend for today: Bullish