Copper is approaching resistance, potential reversal!
Price is approaching our first resistance, in line with our 61.8% fibonacci retracement and 78.6% fibonacci extension, where we could see a reversal below this level, towards 1st support at 2.85637. Stochastic is approaching resistance as well.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.