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CFD Rame (US$ / lb)
Long

Copper is testing support, potential bounce

Di Tickmill
Broker

We maintain a bullish view on Copper. Currently, copper prices are testing our first support, in line with our 61.8% fibonacci retracement, graphical support area and 161.8% fibonacci extension where we could see a bounce above this level to our first resistance target. Stochastic 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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