Copper price provided some corrective trading by reaching $6.4500 yesterday, to keep its positive stability within the bullish channel’s levels, rebounding quickly above the initial support at $6.5000.

 

The price needs a new bullish momentum to reinforce the chances of renewing the bullish attempts, which might target $6.6100 and $6.7200, while changing the trend and begin a bearish trend requires breaking $6.4000 and holding below it.

 

The expected trading range for today is between $6.4800 and $6.6100

 

Trend forecast: Bullish