Copper price confirmed forming new negative wave and providing additional pressure on 2.7220 support to hint resuming the negative attack on the near term and medium term basis, while we prefer waiting to achieve the break to avoid any sideways fluctuation followed by waiting to achieve the negative targets at 2.6500 followed by 2.5370.
The expected trading range for today is between 2.7700 and 2.6500
The expected trend for today: Bearish