Copper price keeps the positivity – Analysis – 13-2-2020

Economies.com
2020-02-13 07:41AM UTC

In spite of Copper price slow moves in the last period, but the positive stability above the critical support at 2.5000 confirms its surrender to the bullish bias in the current period.

 

therefore, we will keep waiting for gathering a new positive momentum that allows it to surpass 2.6100 level, which extend the trading to 50% Fibonacci correction level at 2.6950 level.

 

 

The expected trading range for today is between 2.5400 and 2.6100

 

The expected trend for today: Bullish

 

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