No change to Copper price track – Analysis – 17-2-2020

Economies.com
2020-02-17 07:47AM UTC

Copper price opened today’s trading by forming new positive wave, attempting to surpass 2.6100 level to reinforce the bullish track and increases the chances of recording new positive targets that might start at 2.6500 and 2.6950.

 

We notice that stochastic provides the positive momentum by approaching 80 level, to agree the bullish overview and allows us to wait to reach the mentioned targets.

 

The expected trading range for today is between 2.5400 and 2.6500

 

The expected trend for today: Bullish

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