MCX Copper Trend Update 1 Hour 28-02-2020 20:00:04 by SpiderSignals.com

MCX Copper 1 Hour Trend Update 28-02-2020 20:00:04 by Spider Signals Call Now 8475826036 / 7906595976

At 28-02-2020 20:00:04 MCX Copper trading at 418 with high of 418 and low of 418

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In 1 Hour MCX Copper Chart as per Spider Signals AI Trend we can see the trend is Bearish

The MCX Copper RSI (Relative strength index) 14 is trading at Range and value is 38.7

The MCX Copper CCI (Commodity Channel index) 14 is trading at Range and value is -42.4

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In 1 Hour chart MCX Copper price continues to trade at 418 and below the (Spider Signals AI Trend ) with value of 422.17 and keeps its stability below until now, while 1 Hour MACD Of 12,26,9 is in Buy mode. Therefore, we will keep our view Bearish

However, if MCX Copper continues to trade below 422.17 level, that could be an extraordinarily Bearish sign for MCX Copper

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The expected trading range for MCX Copper today is between 418.717 support and 420.817 resistance.

Pivot (invalidation): 419.533

Today MCX Copper Support & Resistance Levels by Spider Signals

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MCX Copper Pivot / Support / ResistanceValues
MCX Copper Pivot 419.533
MCX Copper Support 1 418.717
MCX Copper Support 2 417.433
MCX Copper Support 3 416.617
MCX Copper Resistance 1 420.817
MCX Copper Resistance 2 421.633
MCX Copper Resistance 3 422.917

Today till now @ 28-02-2020 20:00:04 MCX Copper trading at 418 with high of 420 and low of 418

Yesterday MCX Copper Closed at 420 with low of 418.25 and High of 420.35

This report is published by www.spidersignals.com using AI & Deep learning analysis

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