Commodities

Copper price repeats the bullish attempts – Analysis – 14-1-2022

2022-01-14 07:51:51 GMT (Economies.com)

Copper price hinted keeping the bullish attempts by leaning above 4.3500 support line, to notice its frequent fluctuation near 4.5000 level to confirm its preparation to record the additional targets around 4.6200 followed by reaching the main resistance at 4.7700.

 

Also, stochastic continuous attempt to provide the positive momentum will assist to confirm the bullish scenario, to expect the stability above 4.4300 to start the bullish attack until reaching the suggested positive stations.

 

The expected trading range for today is between 4.4300 and 4.6200

 

The expected trend for today: Bullish

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