Copper price presses on the barrier – Analysis – 8-12-2022

Economies.com
2022-12-08 05:25AM UTC

Copper price formed new positive wave to press on 3.8500 barrier in order to find a way to resume the waited bullish attack, reminding you that the additional positive targets are located near 4.0500 and 4.1800.

 

On the other hand, failing to breach will force the price to renew the sideways trades to repeat the fluctuation between the current barrier and 3.7000 support.

 

The expected trading range for today is between 3.7500 and 4.0500

 

The expected trend for today: Bullish

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