Copper price resumes the bullish attack – Analysis – 19-9-2018
Economies.com
2018-09-19 06:27AM UTC
Copper price succeeded to surpass the moving average 55, hinting keeping the bullish bias domination to notice surpassing the first target at 2.7160 and rallying towards 2.7500 this morning, expecting to continue providing positive trades to target 38.2% Fibonacci correction level at 2.7950.
Stochastic continuous fluctuation within the overbought areas agrees the bullish overview by providing additional positive momentum to ease the attempt to reach the suggested target.
Expected trading range for today is between 2.7150 and 2.7950
Expected trend for today: Bullish
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