111 |
Copper wait for the break - analysis - 02/29/2016
Repeat the price of copper attempts to form a positive waves to dialogue with the SMA 55 due to its stability as resistance at 2.1300, we expect further influenced by the price of the nearby side control for the period until they achieved the desired penetration and then to try to reach towards the awaited target at 2.2000.
Expected trading range for today is between 2.000 and 2.130
General tendency is expected for today: both sides until they achieve penetration.