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COPPER (XCU/USD) – Week 41 – Will the resistance hold?

Long
CFDs on Copper (US$ / lb) (OANDA:XCUUSD)  
financialflagship  
OANDA:XCUUSD   CFDs on Copper (US$ / lb)
Trend Analysis Chart Patterns Wave Analysis Copper Futures HG1! coppper tradeidea Forex Commodities DXY
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5
trendanalysis chartpattern waveanalysis hg1! coppper tradeidea forex commodities dxy
In our last week’s analysis, we correctly anticipated the pair to consolidate and head towards the first resistance area.
In the coming days, we foresee the pair gaining more bullish momentum and make an attempt and break the resistance.
Trade with care.

Best regards,
Financial Flagship

Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.

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