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Technician

#Copper: Facing Main Resistance

Short
CFDs on Copper (FX:COPPER)  
Technician  
FX:COPPER   CFDs on Copper
29
5
Copper made an impressive run higher. However, watch-out, it's retesting a key area.
  • A previous horizontal support which might turn now to the main resistance.
  • The falling trend line
  • The 52-week Average.
Could be a good place to look for short trades as a first scenario.. Unless that resistance breaks, which could signal more upside.

Good luck
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Technician
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