Commodities

Copper price revives – Analysis – 19-7-2019

2019-07-19 08:20:55 GMT (Economies.com)

Copper price succeeded to confirm the bullish scenario by surpassing 2.7400 barrier recently, to settle above the moving average 55, which allows us to suggest strong positive trading to expect reaching 2.7800 followed by pressing on 38.2% Fibonacci correction level at 2.8400.

 

The expected trading range for today is between 2.7220 and 2.7800

 

The expected trend for today: Bullish

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