Copper price repeats the pressure on the moving average – Analysis – 21-7-2021
Economies.com
2021-07-21 05:07AM UTC
No change to copper price correctional bearish track, as it keeps facing negative pressures, to notice providing clear pressure on the moving average 55 at 4.2100, while the stability of 4.4100 barrier supports our correctional bearish overview, to keep waiting to reach 4.0900 and test the bullish channel’s support line followed by monitoring its behavior due to the importance of this support to detect the next main trend.
The expected trading range for today is between 4.2850 and 4.0900
The expected trend for today: Bearish
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