Copper price ended the bearish corrective trading by providing a new positive close above the main support at $6.2700, benefiting from the main indicators by forming some bullish waves, to settle near $6.5000, confirming the stability of the previously suggested bullish scenario.

 

The price might face some difficulties in the bullish attempts due to stochastic fluctuation below level 50, we expect reaching the barrier near $6.5800, and breaching it will ease the mission of recording extra gains that might begin at $6.6700.

The expected trading range for today is between $6.4200 and $6.5800

 

Trend forecast: Bullish