Copper price continues to decline – Analysis – 21-6-2021

Economies.com
2021-06-21 05:14AM UTC

Copper price kept its correctional bearish track to surpass the moving average 55 and settles near 4.1300, expecting to get more negative momentum to target the bullish channel’s support line at 3.9600 followed by monitoring the price behavior to manage to confirm the next main trend.

 

The expected trading range for today is between 4.2200 and 3.9600

 

The expected trend for today: Bearish

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