Copper price remains stable until this moment below $4.8900 level, which decelerates the chances for renewing the bullish attempts, to keep preferring the sideways bias domination in the near trading, and there is a possibility to form some correctional waves that target $4.7500 reaching $4.6600 level.

 

While the price success to breach the mentioned barrier and hold above it will reinforce the chances for renewing the bullish attempts, to expect reaching $5.0300 followed by the next barrier at $5.1000.

 

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

 

Trend forecast: Fluctuated within the bullish track