Commodities

Copper price needs strong momentum – Analysis – 20-3-2019

2019-03-20 07:13:15 GMT (Economies.com)

No news for Copper price intraday sideways trades, to continue fluctuating below the initial barrier 2.9300, while the price needs strong positive momentum to keep the stability within the minor bullish channel and start recording new positive targets by reaching 2.9700 and 3.0200 levels.

 

We remind you that attempting to crawl below 2.8900 support will postpone the bullish overview and push the price to build correctional bearish trades to target 2.8200 level before reaching any waited positive target.

 

The expected trading range for today is between 2.8900 and 2.9700

 

The expected trend for today: Bullish

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