Copper is facing bearish pressure, potential reversal
Price is facing bearish pressure from our first resistance in line with our 23.6% fibonacci retracement descending trend line and horizontal pullback resistance where a break below our downside confirmation level could trigger a further drop below this level. Ichimoku cloud is showing signs of bearish pressure as well, in line with our bearish bias.
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Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks
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