Copper is facing bullish pressure from support

Price is facing bullish pressure from our first support where a break above our upside confirmation level 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 21.74 as well, in line with our bullish bias.

Chart PatternsCoppercopperlongcoppershortHarmonic PatternsTrend Analysis

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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