CFDs on Copper (US$ / lb)
Short

XCUUSD facing bearish pressure from 1st resistance !

71

Price is facing bearish pressure from our first resistance, in line with our 50% fibonacci retracement, horizontal pullback resistance and 127.2% fibonacci extension where we could see a reversal below this level. Our 20 period EMA and Ichimoku cloud are showing signs of bearish pressure as well.

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