Copper price postpones the decline – Analysis – 20-5-2022
Economies.com
2022-05-20 05:36AM UTC
The lack of the negative momentum and fluctuating above 4.2000 level led Copper price to confirm postponing the negative attack for now, to notice the beginning of forming positive waves to settle near 4.2600, and despite the main stability below 4.4000 key resistance, stochastic continuous positive momentum increases the chances of forming more positive fluctuation in order to test the major resistance before reaching any new negative target.
The expected trading range for today is between 4.1700 and 4.4000
The expected trend for today: Bullish
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