Tickmill

Copper is approaching support, potential bounce!

Long
OANDA:XCUUSD   CFDs on Copper (US$ / lb)
Price is facing bullish pressure from our ascending trend line and first support level where we could see a further rise up to our first resistance target. Ichimoku cloud and 20 period EMA are showing signs of bullish 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
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