Copper price faced additional negative pressures yesterday to renew the bearish attempts and approach the moving average 55 at 2.7200, also, stochastic continues to provide negative momentum signals to increase the chances of moving towards the bullish channel’s support line at 2.6950 to form the main target.
The expected trading range for today is between 2.8000 and 2.7000
The expected trend for today: Bearish