Copper Prices Delayed by Stochastic Negativity
Copper prices have encountered resistance, pushing them below the minor bullish channel's support and causing losses to reach $6.3300.
The mixed signals from main indicators may lead to unstable trading with a chance for renewed bullish attempts if the $6.2700 support holds.
If this support is broken and the price stays below it, Copper could suffer further losses potentially extending to $6.1800 and $6.1100.