Copper price activated the negative attempts, to press on the moving average 55, approaching the initial target at $5.9500 to settle near $6.0500.

 

Reminding you that the stability below the barrier near $6.3000, beside stochastic attempt to provide negative momentum supports the chances of resuming the bearish corrective attempts by reaching below the moving average 55 and reaching the extra negative stations near $5.8200 and $5.7100.

 

The expected trading range for today is between $5.8200 and $6.1500

 

Trend forecast: Bearish