Copper price gains a new momentum – Analysis – 15-09-2020

Economies.com
2020-09-15 05:25AM UTC

Copper price succeeded to gain a new positive momentum due to stochastic reach to the overbought level, to reinforce the bullish track and to settle above3.0650 as appears in the above image.

 

the stability above the bullish channel’s support at 2.9500 increases the chances for resuming the bullish attack, to keep waiting for recording the main targets that are located at 3.1200 reaching to 3.300 in the upcoming period trading. 

 

The expected trading range for today is between 3.0200 and 3.1200

 

The expected trend for today: Bullish

 

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