Tickmill

Copper is facing bullish pressure, potential for further upside

Long
OANDA:XCUUSD   CFDs on Copper (US$ / lb)
Price is facing bullish pressure from our first support and a break above our upside confirmation level, in line with our horizontal overlap resistance, 61.8% Fibonacci extension and 61.8% fibonacci retracement could provide the bullish acceleration to our first resistance target.

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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