Copper price activated with stochastic positivity, to confirm the stability of the bullish scenario by surpassing the initial barrier at $5.2000 and recording extra gains.

 

Forming extra support at $4.9500 level, to increase the efficiency of the bullish scenario to keep waiting for targeting $5.3200 level, reaching 161.8% Fibonacci extension level at $5.5000, to form the next main target in the current trading. 

 

The expected trading range for today is between $5.0600 and $5.3200

 

Trend forecast: Bullish