Copper price takes breath – Analysis – 28-7-2021
Economies.com
2021-07-28 05:38AM UTC
Copper price didn’t record any new positive target, attempting to take a break and settle below 4.6300 that forms additional barrier against the bullish attempts.
We remind you that the frequent consolidation within the bullish channel and 4.4200 level forming additional support allow us to wait to react to the positivity of the major indicators by breaching the current barrier and record additional targets that might start at 4.7200 and 4.8600.
The expected trading range for today is between 4.4800 and 4.7200
The expected trend for today: Bullish
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