Copper Price Holds Above $6.4500 Support Amid Mixed Trading

The price of copper has maintained its stability above $6.4500, a level considered crucial in determining the continuation of the bullish trend in the market.

This development is attributed to the minor bullish channel's support, which has kept the price from falling further.

However, the stochastic indicator has reached below the 50 level, causing mixed sideways trading until extra bullish momentum can be gathered.

The forecast for today suggests that the price will target $6.7400 initially, with a potential extension to $6.8500 and $7.0200 if surpassed.