Copper price started to form new bullish wave to reinforce the bullish overview and settles within the bullish channel that appears on the chart.
The stability of 2.9500 support line in addition to stochastic crawl towards the overbought areas allow us to keep our expectations to attempt to target 3.1200 followed by reaching 3.3000 in the upcoming period.
The expected trading range for today is between 2.9800 and 3.1200
The expected trend for today: Bullish