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Copper prices are facing bullish pressure, potential bounce

Oleh Tickmill
Broker
Copper prices are facing bullish pressure from our first support in line with our 78.6% fibonacci retracement and 100% fibonacci extension where we could see a bounce above this level. Stochastic is testing our support at 7.55 as well where we could see a bounce above this level.

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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