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Copper is approaching support, potential bounce

От Tickmill
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Price is facing bullish pressure from our first support where we could see a further rise up towards our first resistance. It is worth noting that the price is still holding above the ascending trendline and Stochastic is facing bullish pressure from our support at 8.18 as well, in line with our bullish bias.

Chart PatternsCopperHarmonic PatternsTrend Analysis
Tickmill
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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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