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Copper is facing bullish pressure, potential bounce!

Oleh Tickmill
Broker
Price is facing bullish pressure from our first support in line with our ascending trend line, horizontal swing low support, 127.2%, 61.8% fibonacci extension and 61.8% fibonacci retracement where we could see a bounce above this level to our first resistance level. Stochastic is approaching support as well.

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Chart PatternsCoppercopperlongcoppershortHarmonic PatternsTrend Analysis
Tickmill
Broker
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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