Copper price repeatedly formed mixed trading, which forced it to delay the bullish rally due to the contradiction of the main indicators, which forces it to fluctuate below $6.5100 level, which represents the extension of the broken minor bullish channel’s support.

 

Reminding you that the bullish scenario will remain valid, depending on the stability of the main support level at $6.2700, which makes us wait to gather the required bullish momentum to activate the bullish trend by targeting $6.5800 reaching $6.6700.

 

The expected trading range for today is between $6.3700 and $6.5800

 

Trend forecast: Bullish