EvanJones

Await for a close below the Fib Line

Short
FX:COPPER   CFDs on Copper
63 views
5
Copper as seen has been on an aggressive rally and is largely correlated with the AUDUSD . If a break below the Fib along with the already broken trend line then expect a nice retracement to approx half the movement upwards, e.g. the 50% fib area which coincidences with the yearly pivot .

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