Copper Price Analysis Expected Scenario The Copper price didnt move recently despite the major indicators attempts to provide the positive momentum, affected by the strength of the bullish channels resistance at 4.7500$ that hinders the chances of moving to a new positive track, to notice the continuous sideways fluctuation near 4.6800$. Now, stochastic attempt to exit the overbought areas might increase the chances of activating the previously suggested correctional bearish track, reminding you that the initial targets are located near 4.4200$ followed by reaching the next additional support at 4.3000$, to form the first main target of the bearish trades. Expected Trading Range Between 4.7200$ support and 4.4500$ resistance.

Trend Forecast: Bearish