Copper prices are facing bullish pressure from our first support level, in line with our 61.8% fibonacci retracement and our graphical support area and 61.8% fibonacci extension, where we could see a bounce above this level to our first resistance target. Stochastic is approaching support as well, in line with our bullish bias.
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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