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Copper is a mile either side - analysis - 02/26/2016
Copper price failed to go beyond the focus of the SMA 55 in recent trading to prevent him from achieving more than expected earlier targets, so expect influenced by the price control inclination lateral nearby for the period and limited trading between initial support at 2.000 and the level of 2.1300 until assemble the required torque during the coming period.
Stochastic is trying to get rid of the negative control to support the formation of the price for the rush of positive, but the negative SMA inconsistent with the expected positive and confirms that the lateral inclination of trading today control.
Expected trading range for today is between 2.000 and 2.130
