Copper price ended the last positive rebound by reaching $6.2000 level, to begin forming bearish corrective trading, affected by the stability below $6.300 barrier, to reach $6.0500 currently.

 

Gathering extra negative momentum is important for reinforcing the chances of surpassing the barrier at $5.9500, to open the way for targeting more corrective stations, which might begin at $5.8200 and $5.7100.

 

The expected trading range for today is between $5.820 and $6.1500

 

Trend forecast: Bearish