Copper is facing bearish pressure, potential reversal
Price is facing bearish pressure from our first resistance in line with our 23.6% fibonacci retracement descending trend line and horizontal pullback resistance where a break below our downside confirmation level could trigger a further drop below this level. Ichimoku cloud is showing signs of bearish pressure as well, in line with our bearish bias.
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Losses can exceed the initial investment so please ensure you fully
understand the risks
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks
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