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Copper prices are approaching support, potential bounce

Long
CFDs on Copper (US$ / lb) (OANDA:XCUUSD)  
Tickmill Broker  
OANDA:XCUUSD   CFDs on Copper (US$ / lb)
Trend Analysis Harmonic Patterns Chart Patterns Copper copperlong coppershort
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trendanalysis harmonicpatterns chartpattern copper copperlong coppershort
Copper prices are approaching our first support in line with our 78.6% fibonacci retracement and 100% fibonacci extension where we could see a bounce above this level. Stochastic is testing our support at 7.55 as well where we could see a bounce above this level.
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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