Get started
Tickmill

Copper is facing bearish pressure from our first resistance

Short
CFDs on Copper (US$ / lb) (OANDA:XCUUSD)  
Tickmill Broker  
OANDA:XCUUSD   CFDs on Copper (US$ / lb)
Trend Analysis Harmonic Patterns Chart Patterns xcuusd (Copper) xcu USD xcuusdlong xcuusdshort
18
0
trendanalysis harmonicpatterns chartpattern xcuusd xcu usd xcuusdlong xcuusdshort
Price is facing bearish pressure from our first resistance and descending trend line, where we could see a further drop below this level. A break below our downside confirmation level at 2.82402 could provide the bearish acceleration to our first support target. RSI is facing bearish pressure as well.
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.