Copper price in its way to test the barrier – Analysis – 22-8-2019
Economies.com
2019-08-22 07:09AM UTC
Copper price returned to form a new bearish trading to press on the barrier at 2.5500 barrier, the price success to break this level will confirm renewing the negative attempts, to ease the mission of reaching to the next negative station at 2.4600.
Stochastic reach to the oversold level reinforces the negative expectation by providing a new negative momentum, to increase the efficiency of the negative attack until achieving the waited target.
The expected trading range for today is between 2.6000 and 2.4660.
The expected trend for today: Bearish.
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