Copper Price Nears Critical Support Level
The price of copper has been affected by stochastic negativity and is now approaching the $6.3300 support level.
This could lead to more losses, potentially reaching as low as $6.2500 or even $6.1600 if the current support is broken and held below it.
To reverse this trend, a strong bullish rally would need to form, pushing the price above $6.5800.