Copper price reacted to the positive signals from the main indicators, breaking above the barrier at $6.6100, reinforcing its commitment to the bullish scenario and currently settling near $6.7200 as it approaches the target proposed in the previous report.

 

The price is currently positioned within the pivots of the minor ascending channel. As the main indicators continue to provide positive momentum, this will increase the effectiveness of the bullish path, which could target $6.8500, followed by $7.0200 over the medium term.

 

 

The expected trading range for today is between $6.6300 and $6.7800

 

Trend forecast: Bullish