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Copper prices are approaching support, potential bounce

Oleh Tickmill
Broker

Copper prices are testing our first support in line with our 38.2% fibonacci retracement and 100% fibonacci extension where we could see a bounce above this level. Ichimoku cloud is showing signs of bullish pressure as well, in line with our bullish bias.
Chart PatternsCoppercopperlongHarmonic PatternsTrend Analysis
Tickmill
Broker
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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