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KeytoMarkets
Jun 5, 2018 10:12 PM

Bullish lead: Copper vs AUDUSD Long

CopperOANDA

Description

Copper has continued to rally with breaking the sym.triangle resistance trendline and psychologically key resistance 3.2980.
We expect the AUDUSD will follow the copper's lead. Based on this lead, we forecast a bullish target at 0.7750-0.7800 initially, with potential support zone finds between 0.7475-0.7450.
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