Copper price kept the positive stability above $5.5100 support in the last trading, to rally towards the initial target at $5.8100, taking advantage of stochastic stability within the overbought level.

 

The continuation of the pressure on $5.8100 level might allow it find an exit for resuming the bullish attack, to expect breaching $5.9700 to extend the trading towards the bullish channel’s resistance at $6.1700 level.

 

The expected trading range for today is between $5.6100 and $5.9700

 

Trend forecast: Bullish