Copper price moves slowly recently, due to the contradiction of the moving average 55 that settles near 4.4100 resistance against stochastic attempt to provide the positive momentum that moves near 20 level now.
Note that the positive consolidation above the additional support 4.1800 allows us to keep the positive overview until reaching the mentioned resistance, while facing new negative pressures and declining below this support is considered as strong indicator to the surrender to the domination of the bearish bias, to expect suffering big losses that might start by moving towards 3.9300.
The expected trading range for today is between 4.2000 and 4.4000
The expected trend for today: Bullish