No news for copper price by it continues fluctuation below the extra barrier at $4.8900, which obstacles the chances for resuming the bullish attack, to expect the domination of the sideways track in the near period, and there is a chance for forming some correctional waves, to reach $4.7500 reaching 50%Fibonacci correctional level at $4.6600.

 

While the price success to confirm breaching the mentioned barrier will reinforce the chances for renewing the bullish attempts, to expect reaching $5.0300 reaching the next barrier at $5.1000.

 

The expected trading range for today is between $4.7500 and $4.8900

 

Trend forecast: Fluctuated