Copper price began this morning with strong positivity, to rally above $5.9700 level, taking advantage of the attempt to provide positive momentum by the main indicators, to settle near $6.0080.

 

Providing a positive close above the breached barrier is important to confirm its readiness to activate the bullish trend, to expect targeting $6.1200 and $6.2500 level initially, while activating the corrective trend requires providing negative close below $5.8100.

 

The expected trading range for today is between $5.8700 and $6.1200

 

Trend forecast: Bullish