No news for copper price – Analysis – 30-6-2022

Economies.com
2022-06-30 05:17AM UTC

Copper price repeated the sideways trades, affected by the contradiction between the major indicators, to hinder breaking the support line at 3.6600, forms the main door to resume the negative attack for the upcoming period.

 

We will depend on the strength of 3.9300 barrier to confirm blocking trades within the bearish track, reminding you that achieving the required break will allow the price to reach 3.5300 and 3.4100 levels.

 

The expected trading range for today is between 3.8600 and 3.6300

 

The expected trend for today: Sideways

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