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swisscommodity.com
5 Feb 2015 pukul 19.48

Copper takes a deep breath...thank you crude oil... Singkat

Copper FuturesCOMEX

Huraian

The reaction in crude oil affected many other commodities, first of all Copper.
Copper was knocking at the very last support at 242.35 cents/lb last week, and all fundamentals add pressure daily.
Technically, if march copper doesn't break the key-point at 264.60 shortly, the pressure will become even bigger and the support @ 242 won't be able to hold anymore...
Why not taking the chance for a new short position? Stop-loss over 265.00 cents, small risk with a BIG profit potential.
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