CFD Copper Outlook
CFD Copper short term Outlook.
The reference technical picture shows a negative short situation, with the quotes they have heard the strong resistance area identified in the 3215 area. Expectations are for a consolidation of the listings in area 3.220, to be manifested in the medium term.
We could see a new decline in the short, but if people see that the positioning has been drastically reduced, then the negative pressure on the price may decrease significantly.
Expected trading range for today is between
3.1500 and 3.2500